As of 11 April 2024, the Chinese Yuan to USD exchange rate stands at USD 7.23 for both buying and selling, according to the open market rate. This rate is subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses involved in currency conversion, staying informed about exchange rates is crucial. By keeping track of the latest rates, one can potentially secure the best possible deal when converting currencies.
Here is a snapshot of the current exchange rates for Chinese Yuan (CNY) against various other currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.54 | 1.54 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 152.95 | 152.95 |
| New Zealand Dollar (NZD) | 1.67 | 1.67 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate, making it beneficial for individuals to monitor the inter-bank rates for better deals.
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. By staying informed, one can make informed decisions when engaging in currency exchange transactions.
