CNH Currency to USD: A Comprehensive Guide

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CNH currency is the Chinese yuan traded in Hong Kong, while USD is the United States dollar.

The exchange rate between CNH and USD can fluctuate constantly, but it's typically pegged to a basket of currencies, with a focus on the US dollar.

CNH is commonly used by businesses and investors to manage exchange rate risk, particularly those with operations in both Hong Kong and mainland China.

In Hong Kong, CNH is widely used for trade and investment, while USD is used for international transactions.

See what others are reading: How to Read Currency Exchange Rate

Conversion Options

You can convert CNH to USD using various options. The conversion rate is 1 CNH to 0.13687 USD, according to the latest exchange rates.

If you're looking for a quick conversion, you can use the conversion table provided in the article, which lists the conversion rates for various amounts of CNH to USD. For example, 100 CNH is equivalent to 13.687 USD.

However, if you need to convert a specific amount of CNH to USD, you can use the online currency converter, which allows you to enter the amount and see the converted results in other currency fields.

Here are some common conversion options:

You can also use the online currency converter to convert other amounts, such as 1000 CNH, which is equivalent to 136.87 USD.

Market Information

Credit: youtube.com, USD/CNH Forecast November 20, 2024

As of 16/01/2025 11:38, the latest currency exchange rate is 1 Chinese Yuan = 0.1364 US Dollar.

You can use this rate to convert CNY to USD with the live currency converter on the page, which also includes a handy conversion table and last 7 days exchange rate history.

The best CNY to USD exchange rate today is 0.1364 USD, as of January 15, 2025 08:25 AM UTC.

Market Table

The US Dollar is the currency of the United States, with a currency code of USD and a symbol of $. It's used for transactions and is the standard unit of account.

The US Dollar is widely accepted and used globally, and its value is often compared to other currencies, like the Chinese Yuan Renminbi.

The Chinese Yuan Renminbi has decreased by -0.46% year-to-date against the US Dollar, and over the past 10 years, it has declined by -11.20% against the US Dollar.

Credit: youtube.com, Pocket Price by Market Variable (Discrete) 09: Final Data Table

As of January 15, 2025, the best CNY to USD exchange rate is 0.1364 USD, meaning for every Chinese Yuan Renminbi you exchange, you'll receive 0.1364 US Dollars.

The US Dollar is currently stronger than the Chinese Yuan Renminbi, with 1 USD equal to 7.3319 CNY.

The worldwide market for Tough Terrain Raise Vehicles (RTLT) was valued at US$61.4 Billion, giving you an idea of the market size and scope.

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Important Key Terms

The foreign exchange market, or forex, is a global market where currencies are traded, and it's the largest market in the world.

A currency's value is expressed in terms of another currency, known as the exchange rate. This is crucial because one unit of currency rarely equals exactly one unit of another currency.

The bid price is the price a buyer is willing to pay for a unit of currency, while the ask price is the price a seller is willing to accept.

Broaden your view: Currency Market Volatility

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The bid-ask spread is the difference between the bid and ask prices, and it's a percentage that financial middlemen, like brokers and banks, use to make a profit.

A pip, or point, is the smallest unit of value in a bid-ask spread, and it's used to measure the difference between currency quotes.

A currency pair is a quote of the relative value of one currency unit against another, with the first currency being the base currency and the second being the quote currency.

The interbank rate is the wholesale exchange rate that banks use when trading between themselves.

The major currencies are the most traded currencies, which include the U.S. dollar, Euro, Japanese yen, British pound, Australian dollar, Canadian dollar, and Swiss franc.

For more insights, see: Currency Use in Brazil

Currency Pairs and Rates

The Chinese Yuan Renminbi (CNY) is a currency that can be exchanged for the US Dollar (USD). As of January 16, 2025, 1 Chinese Yuan is equal to 0.1364 US Dollar.

Curious to learn more? Check out: Yuan Currency Etf

Credit: youtube.com, Currency pairs

If you need to convert CNY to USD, you can use a live currency converter or refer to the handy conversion table on a currency exchange page. The live currency rates as of January 16, 2025, 11:38 are available on such pages.

The Chinese Yuan Renminbi has decreased in value against the US Dollar over time. As of January 16, 2025, it has decreased by -0.46% year-to-date against the US Dollar.

The best CNY to USD exchange rate today is 0.1364 USD, which is available as of January 15, 2025, 08:25 AM UTC. This means that for every Chinese Yuan Renminbi you exchange, you will receive 0.1364 US Dollars.

Factors Affecting CNH to USD

The Chinese Yuan Renminbi (CNH) is affected by various factors, just like any other currency. The differences in inflation between China and the US play a significant role in determining the exchange rate between CNH and USD.

CNH tends to appreciate in value when China's inflation rate is lower than the US's, as it increases the purchasing power of the currency. On the other hand, high inflation in China can lead to a depreciation of the CNH against the USD.

Credit: youtube.com, Will the CNH Destroy the USD?

Interest rates also have an impact on the exchange rate, as they can influence the demand for a currency and the inflation rate of an economy. If the interest rate in China is higher than in the US, it can attract foreign investors, causing the CNH to appreciate against the USD.

Trade deficits can also affect the exchange rate, as a country with a trade deficit needs to import more foreign currency to pay for its imports. If China's trade deficit is large, it can lead to a depreciation of the CNH against the USD.

Politics and economic performance also play a significant role in determining the exchange rate between CNH and USD. A stable economy with a strong performance can attract foreign capital, causing the CNH to appreciate against the USD.

Here are some key statistics that illustrate the impact of these factors on the CNH/USD exchange rate:

  • Year-to-date, the CNH has decreased -0.46% against the USD.
  • Over the past 10 years, the CNH has declined -11.20% against the USD.

These statistics demonstrate the significant impact of various factors on the CNH/USD exchange rate. By understanding these factors, you can make more informed decisions about investing in or trading the CNH.

Historical Data

Credit: youtube.com, HOW TO VIEW CURRENCY HISTORY DATA | HISTORICAL EXCHANGE RATE | DATED EXCHANGE RATE | USD TO INR

Historical data on the Chinese Yuan Renminbi (CNH) to US Dollar (USD) exchange rate is readily available.

You can view rates between the CNH and USD for a particular year by clicking on one of the links below: 2025202420232022202120202019201820172016

Over the past decade, the CNH has declined significantly against the USD, with a decrease of -11.20% over the past 10 years.

Highest Rate Last Year

The highest CNY to USD exchange rate in the last year was 0.1426 US Dollars per Chinese Yuan Renminbi on September 26, 2024.

This rate was significantly lower than the all-time high, but it still gave Chinese travelers a relatively good deal when exchanging their currency.

Dollar by Year

Looking at the historical data for the Chinese Yuan Renminbi (CNY) to US Dollar (USD) exchange rate, it's interesting to see how it has fluctuated over the years.

The highest CNY to USD exchange rate in the last year was 0.1426 US Dollars per Chinese Yuan Renminbi on September 26, 2024.

Credit: youtube.com, EXPLORING POUND TO DOLLAR RATE HISTORICAL DATA USING PYTHON

The lowest point for the CNY/USD rate was 0.1364 US Dollars per Chinese Yuan Renminbi on January 10, 2025. This was the lowest rate in the last year.

The Chinese Yuan Renminbi has decreased -3.07% compared to the US Dollar in the last year. This means the Chinese Yuan Renminbi has decreased in value compared to the US Dollar.

Here's a list of the years with available data for the CNY to USD exchange rate:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

Over the past 10 years, the Chinese Yuan Renminbi has declined -11.20% against the US Dollar.

Frequently Asked Questions

What is the currency of CNH?

The currency of CNH is the Chinese Yuan Renminbi Offshore, denoted by the symbol ¥. It is used for offshore transactions and is a variant of the Chinese Yuan.

What is USD CNH today?

The current USD/CNH exchange rate is 7.30431 CNH, a decrease of 0.06% in the past 24 hours. Check the detailed chart for more information on USDCNH rate dynamics.

What does USD CNH mean?

USD/CNH refers to the exchange rate between the US Dollar (USD) and the offshore Chinese Renminbi (CNH). It measures the value of USD against CNH

Carlos Bartoletti

Writer

Carlos Bartoletti is a seasoned writer with a keen interest in exploring the intricacies of modern work life. With a strong background in research and analysis, Carlos crafts informative and engaging content that resonates with readers. His writing expertise spans a range of topics, with a particular focus on professional development and industry trends.

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