Chinese Yuan to US Dollar exchange rates are currently at USD 7.20 for both buying and selling, as per the open market rate on 24 February 2024. It is important to note that these rates are subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses involved in currency conversion, understanding the exchange rates is crucial to ensure the best possible conversion rates. The table below provides a snapshot of the exchange rates for Chinese Yuan to US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.53 | 1.53 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.20 | 7.20 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 150.49 | 150.49 |
| New Zealand Dollar (NZD) | 1.61 | 1.61 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It is worth noting that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher exchange rates. This emphasizes the importance of staying informed about the latest inter-bank currency rates to make informed decisions regarding currency exchange.
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 exchange rates.
