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The Chinese yuan, also known as the RMB, is a widely traded currency in the world.
The exchange rate between 1 USD and RMB can fluctuate constantly, but as of our knowledge cutoff, 1 USD is equivalent to approximately 6.5 RMB.
The People's Bank of China (PBOC) is the central bank responsible for setting the daily exchange rate for the RMB.
Conversion Basics
To convert US dollars to Chinese yuan renminbi, it's really straightforward. You just need to enter the amount you want to convert into the box.
To get started, simply type in the box how much you want to convert.
You'll need to select the correct currencies in the dropdown menus. For the first dropdown, choose USD as the currency you want to convert from.
Select CNY as the currency you want to convert to in the second dropdown.
Our currency converter will show you the current USD to CNY rate and how it's changed over the past day, week, or month.
Here's a quick rundown of the steps:
- Enter the amount you want to convert.
- Select USD as the currency to convert from.
- Select CNY as the currency to convert to.
That's it! You'll now see the value of the converted currency according to the most recent exchange rate.
Rates by Year
The rates of the US Dollar to Chinese Yuan Renminbi have varied significantly over the years. In fact, the highest rate in the last 10 years was on December 5, 2016, when each US Dollar was worth 7.4803 Chinese Yuan Renminbi.
If you're looking for a specific year's rates, you can check out the US Dollar to Chinese Yuan Renminbi Rates by Year. This will give you a clear picture of the exchange rates for that particular year.
Here's a breakdown of the exchange rates for the last few years:
The exchange rates for 2025 were at a high of ¥7.3327, but the rates for the other years are not specified in the article section.
Current Rates
As of January 16, 2025, the current exchange rate for 1 USD to CNY is 7.3323 CNY.
The best exchange rate for the day is 7.3323 CNY, which is a significant rate considering the overall change in the past 30 days was only +0.66%.
You can easily convert your USD to CNY using a currency converter by selecting USD as the currency to convert from and CNY as the currency to convert to.
Here are some current conversion rates for different amounts of USD:
The US Dollar has increased +0.47% year-to-date against the Chinese Yuan Renminbi, making it a good time to exchange your USD to CNY.
Dollar-RMB Comparison
The US Dollar and Chinese Yuan Renminbi (RMB) have a complex relationship. The US Dollar is currently stronger than the Chinese Yuan Renminbi, as 1 USD is equal to 7.3323 CNY.
Over the past 10 years, the US Dollar has appreciated +12.61% against the Chinese Yuan Renminbi. This means the US Dollar has gained significant purchasing power compared to the Chinese Yuan Renminbi over the last decade.
If you're looking to convert US Dollars to RMB, you can use a currency converter. Simply type in the amount you want to convert, select USD as the first currency and CNY as the second, and you'll see the current exchange rate.
Here's a rough idea of how the conversion works:
Keep in mind that exchange rates can fluctuate rapidly, so it's essential to stay up-to-date with the latest rates. As of January 16, 2025, 100 US Dollars is equivalent to 733.23 Chinese Yuan Renminbi.
Frequently Asked Questions
What's the highest exchange rate from USD to Chinese yuan?
The highest exchange rate from USD to Chinese yuan was 7.2994 RMB per USD, achieved on December 31, 2024. This rate offers a significant opportunity for those looking to convert US dollars to Chinese yuan.
What is the currency in Guangzhou?
The official currency in Guangzhou is the Renminbi (RMB), also known as the yuan. It's the standard unit of Chinese currency used throughout the city.
How much is $1 USD in CNY?
As of today, $1 USD is equivalent to approximately 7.299 CNY. Check for the latest exchange rate for the most up-to-date conversion.
How much does RMB fluctuate against USD?
The RMB fluctuates by 0.044% against USD daily and 0.029% over the past week. Learn more about the current exchange rate and its recent trends.
What is the currency in Shanghai?
The official currency in Shanghai is the Chinese yuan (also known as renminbi), which is divided into 10 smaller units called jiao. You can identify it with the currency code CNY.
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