Convert Chinese Yuan (CNY) to US Dollar (USD)

When to use CNY → USD

CNY to USD is one of the most policy-managed major rates: the PBoC's daily fix and trading band constrain how far the onshore rate can move per session. For Chinese exporters receiving USD, conversion is normally handled by their settling bank under SAFE (State Administration of Foreign Exchange) rules; individual residents face annual conversion quotas. The figure here is a reference — the price your transaction settles at depends on the channel (bank, fintech, money-changer) and on whether it routes through onshore CNY or offshore CNH.

How to convert Chinese Yuan to US Dollar

1. 1

   Enter your amount

   Type the value in Chinese Yuan you want to convert into US Dollar.

2. 2

   Read the live rate

   At today's mid-market rate, 1 CNY equals 0.147098 USD. Your full amount is recalculated as you type.

3. 3

   Use the number, not the quote

   Banks, brokers, and card networks add a spread of 0.5–3 % on top of the mid-market rate. Treat Convertitive's number as a reference, not a price you can actually trade at.

CNY to USD conversion table

Common amounts at today’s rate of 1 CNY = 0.147098 USD.

Frequently asked questions

What is 1 Chinese Yuan in US Dollar?

1 CNY = 0.147098 USD at today's mid-market rate.

What is 100 CNY in USD?

100 CNY = 14.7098 USD.

What is 1 USD in CNY?

1 USD = 6.7982 CNY — the inverse of the rate above.

Where do these rates come from?

The European Central Bank publishes daily reference rates around 16:00 CET. Convertitive consumes them through the Frankfurter open data service and refreshes its cache every hour.

How often is the rate updated?

Up to once per hour, and only when the ECB itself has issued a new value. Over weekends and holidays the displayed rate stays at the previous business day's close.

Why isn't this the rate my bank quotes?

Mid-market rates are a benchmark; retail banks and card networks add a spread on every conversion to cover their costs and margin. Expect that spread to be 1–3 % on most card transactions and 0.4–0.8 % at large brokers.

Can I use this for accounting or invoicing?

Use it as a reference. For official accounting, most jurisdictions require a documented rate from a central bank or your tax authority (which often publish their own daily values).

What's a 'mid-market' rate?

The midpoint between the buying and selling prices that wholesale banks quote each other. It's the closest thing to a 'real' rate for an individual to compare against.

About Chinese Yuan and US Dollar

Other currency converters

• USD → EURUS Dollar to Euro
• EUR → USDEuro to US Dollar
• USD → GBPUS Dollar to British Pound
• GBP → USDBritish Pound to US Dollar
• USD → JPYUS Dollar to Japanese Yen
• JPY → USDJapanese Yen to US Dollar

Sources

• European Central Bank — euro foreign exchange reference rates
• Frankfurter — open ECB rates API