As of 4 June 2024, the Chinese Yuan to USD buying exchange rate stands at USD 7.24, with the selling exchange rate for 1 Chinese Yuan also at USD 7.24. These rates are based on the open market rate and are subject to fluctuations due to worldwide supply and demand.
It is essential to stay informed about currency exchange rates, as they can impact the value of your money when converting between different currencies. By keeping track of the exchange rates, individuals can make informed decisions to get the best possible rate when exchanging currencies.
Here is a snapshot of the current exchange rates for Chinese Yuan to USD and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.49 | 1.49 |
| British Pound (GBP) | 0.78 | 0.78 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.12 | 156.12 |
| New Zealand Dollar (NZD) | 1.62 | 1.62 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks often charge higher exchange rates, so individuals should compare rates to ensure they are getting the best deal.
For the most up-to-date information on inter-bank currency rates, individuals can visit the country's top currency rates portal, which provides timely updates on exchange rates. Staying informed about currency exchange rates can help individuals make informed decisions when converting currencies.
