As of 23 April 2024, the Chinese Yuan to US Dollar exchange rate stands at USD 7.24 for both buying and selling rates in the open market. It's important to note that exchange rates between currencies, such as CNY to USD, are subject to constant fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currencies, understanding the current exchange rate is crucial to ensure the best possible deal. The table below provides a snapshot of the buying and selling rates for various currencies against the Chinese Yuan:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.55 | 1.55 |
| British Pound (GBP) | 0.81 | 0.81 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.94 | 0.94 |
| Japanese Yen (JPY) | 154.81 | 154.81 |
| New Zealand Dollar (NZD) | 1.69 | 1.69 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's worth noting that while open market rates provide a general indication of exchange values, banks often apply different rates when converting currencies. This variance can impact the overall value received during currency exchanges.
For the most up-to-date information on currency exchange rates, individuals can refer to reliable sources such as this portal, which regularly updates inter-bank rates to provide accurate and timely data for informed decision-making.
