As of 15 May 2024, the Chinese Yuan to USD exchange rate stands at USD 7.23 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 involved in currency conversion, staying informed about exchange rates is crucial. By monitoring the CNY to USD rates, one can make informed decisions to secure the best possible conversion rates.
Today, the buying and selling rates for CNY to USD are both recorded at 7.23. Additionally, various other currency exchange rates are available for reference:
- Australian Dollar (AUD): Buying - 1.51, Selling - 1.51
- British Pound (GBP): Buying - 0.79, Selling - 0.79
- Canadian Dollar (CAD): Buying - 1.37, Selling - 1.37
- Euro (EUR): Buying - 0.92, Selling - 0.92
- Japanese Yen (JPY): Buying - 156.50, Selling - 156.50
- New Zealand Dollar (NZD): Buying - 1.65, Selling - 1.65
- Swiss Franc (CHF): Buying - 0.91, Selling - 0.91
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically apply a higher exchange rate, making it beneficial for individuals to stay updated on inter-bank rates for better decision-making.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely information to assist in navigating the complexities of currency conversion.