As of 17 July 2024, the Chinese Yuan to US Dollar exchange rate stands at USD 7.26 for both buying and selling, according to the open market rate. It's important to note that exchange rates between the Chinese Yuan and the US Dollar are subject to constant 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 the Chinese Yuan against the US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Chinese Yuan (CNY) | 7.26 | 7.26 |
| Australian Dollar (AUD) | 1.49 | 1.49 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Euro (EUR) | 0.91 | 0.91 |
| Japanese Yen (JPY) | 155.65 | 155.65 |
| New Zealand Dollar (NZD) | 1.65 | 1.65 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It's worth noting that while open market rates provide a general indication of exchange values, banks often apply slightly higher rates for currency exchanges. Keeping track of inter-bank rates can help individuals secure more favorable conversion rates.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which regularly updates inter-bank rates to provide accurate and timely information to users.
