Understanding the USD to CNY Exchange Rate

The exchange rate between the USD and the CNY is influenced by many factors including economic stability, interest rates, and trade balances.

Bank vs Market Rates

Banks often charge a hidden fee by adding a markup to the market exchange rate. This is known as the "spread". Our tool displays the mid-market rate, which is the fairest exchange rate.

When is the best time to exchange?

Monitoring the USD/ CNY rate over time can help you decide when to transfer funds. Look for trends in the 7-day and 1-year charts above.