As of 28 December 2024, the Chinese Yuan to USD exchange rate stands at USD 7.30 for both buying and selling, according to the open market rate. It's important to note that exchange rates between the Chinese Yuan and US Dollar are subject to constant fluctuations due to global supply and demand dynamics.
For individuals or businesses looking to convert currencies, understanding the current exchange rate is crucial. The table below provides a snapshot of the exchange rates for various currencies against the Chinese Yuan:
Currency | Buying Rate | Selling Rate |
---|---|---|
Australian Dollar (AUD) | 1.61 | 1.61 |
British Pound (GBP) | 0.80 | 0.80 |
Canadian Dollar (CAD) | 1.44 | 1.44 |
Chinese Yuan (CNY) | 7.30 | 7.30 |
Euro (EUR) | 0.96 | 0.96 |
Japanese Yen (JPY) | 157.87 | 157.87 |
New Zealand Dollar (NZD) | 1.77 | 1.77 |
Swiss Franc (CHF) | 0.90 | 0.90 |
It's worth noting that while open market rates provide a general indication of exchange rates, banks often charge slightly higher rates for currency exchange. Keeping track of inter-bank rates can help individuals secure more favorable exchange rates.
For the most up-to-date information on currency exchange rates, individuals can refer to reliable sources like the country's top currency rates portal, which provides timely updates on exchange rates across various currencies.