As of 5 May 2024, the Chinese Yuan to US Dollar exchange rate stands at USD 7.24 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. The table below provides a snapshot of the current exchange rates for Chinese Yuan to US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 153.06 | 153.06 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. Keeping track of inter-bank rates can help individuals secure more favorable currency conversion deals.
For the most up-to-date exchange rates and information on Chinese Yuan and other currencies, individuals can refer to the country's top currency rates portal, which provides timely updates on currency fluctuations.
