As of 8 November 2024, the Chinese Yuan to US Dollar exchange rate stands at USD 7.18 for both buying and selling, according to the open market rate. This rate is subject to 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) | 1.52 | 1.52 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.18 | 7.18 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 152.70 | 152.70 |
| New Zealand Dollar (NZD) | 1.68 | 1.68 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It is important to note that open market currency exchange rates may differ from those offered by banks, which typically charge higher rates. Keeping track of inter-bank currency rates can help individuals and businesses make informed decisions when converting currencies.
Stay informed with the latest updates on currency exchange rates through the country's top currency rates portal, which provides up-to-date information on various currency pairs. Timely updates on inter-bank rates are also available on the website to ensure that users have access to accurate and current exchange rate information.
