Latest exchange rate: 1 Chinese Yuan = 0.1408539978 US Dollar
Start Converting1 CNY (Chinese Yuan) = 0.1408539978 USD (US Dollar)
Currently using latest rate: 1 CNY = 0.1408539978 USD. Click refresh to reset.
| Currency Pair | 1 CNY = |
|---|---|
| CNY to USD | 0.1408539978 USD |
| CNY to EUR | 0.1298 EUR |
| CNY to GBP | 0.1115 GBP |
| CNY to JPY | 20.85 JPY |
| CNY to HKD | 1.098 HKD |
| CNY to AUD | 0.2175 AUD |
To calculate US Dollars from Chinese Yuan:
Example (1,000 CNY with latest rate 0.1408539978):
The Chinese Yuan uses the symbol "¥" and has the international currency code "CNY". "RMB" (Renminbi) is the official name and is commonly used in China. The symbol is typically placed before the amount, e.g., "¥100" for 100 Chinese Yuan.
Major banks in China (such as Bank of China, Industrial and Commercial Bank of China) offer CNY to USD exchange services, with some requiring advance reservations. Currency exchange counters at airports and border crossings also provide this service, though rates are usually less favorable. Online payment platforms (Alipay, WeChat Pay) also offer limited cross-border currency exchange functions.
The CNY to USD exchange rate is mainly influenced by interest rate differentials between China and the US, economic growth rates, trade surplus/deficit, inflation rates, monetary policy adjustments, international capital flows, and geopolitical factors. The People's Bank of China maintains basic stability of the exchange rate at a reasonable and balanced level through macro-control.
The Chinese Yuan is the official currency of China, and USD is generally not accepted for daily transactions. However, some foreign-related establishments (such as international airports, star-rated hotels, and foreign-related shopping malls) may accept USD payments but usually at less favorable exchange rates. It is recommended to use CNY for transactions in China; if USD is needed, it can be exchanged for CNY at banks first.
Chinese Yuan banknotes are available in denominations of 1元 (yuan), 5元, 10元, 20元, 50元, and 100元. Coins are available in 1角 (jiao), 5角, and 1元. With the popularity of mobile payments, cash usage has decreased, but these denominations are still widely circulated in daily transactions.
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