As of 19 June 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 in order to secure the best possible deal. The table below provides a snapshot of the exchange rates for various currencies against the Chinese Yuan:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.50 | 1.50 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.26 | 7.26 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 158.02 | 158.02 |
| New Zealand Dollar (NZD) | 1.63 | 1.63 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It's worth noting that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. This emphasizes the importance of staying informed about inter-bank currency rates to make informed decisions when exchanging currencies.
For the most up-to-date exchange rates and information on Chinese Yuan rates and other currencies, individuals can rely on the country's top currency rates portal for timely updates. Keeping track of these rates can help individuals and businesses navigate the currency exchange market more effectively.
