1 CNY to USD - Convert Chinese Yuan to US Dollar

Looking at the 30-day window, the CNY/USD pair traded in a range of 0.143400 to 0.152300. The monthly average was 0.147989 with 1.78% volatility. The relatively low volatility indicates stable trading conditions for the CNY/USD currency pair.

The current mid-market exchange rate is 1 CNY = 0.147313 USD, updated as of June 4, 2026, 2:18 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Chinese Yuan to US Dollar Exchange Rate

CNY/USD is the reverse of USD/CNY, showing how many dollars one yuan can buy. This perspective matters for Chinese exporters pricing goods for the American market, investors converting yuan profits to dollars, and the millions of Chinese who use the dollar as a benchmark for the yuan's purchasing power and stability.

The Export Pricing Equation

China is the world's largest goods exporter, and the United States is its largest single-country customer. When Chinese factories price products for American retailers like Walmart, Amazon, and Target, the CNY/USD rate determines whether their margins are healthy or razor-thin. A Chinese electronics manufacturer selling a product for $50 in the US receives roughly 350 yuan at current rates. If the yuan strengthens by 5%, that same $50 brings only about 332 yuan, potentially wiping out the entire profit margin on a product with thin margins. This is why Chinese exporters watch CNY/USD obsessively. The PBOC's daily midpoint setting, which establishes the trading range for the day, is the single most important data point in Chinese manufacturing economics every morning. A stronger midpoint means exporters earn fewer yuan per dollar of sales. A weaker midpoint provides relief. For Chinese families sending children to American universities, the rate determines the real yuan cost of a $60,000 annual tuition bill. For tourists visiting the US, it affects how expensive Las Vegas, New York, and Los Angeles feel compared to previous trips.

What Drives the CNY/USD Rate

PBOC midpoint settings and band management, US-China trade relations, tariff policy, Chinese trade surplus data, Fed interest rate decisions, capital flow controls, and diplomatic developments between the two countries are the primary drivers. The managed float means the PBOC retains significant control over the rate's direction and speed of movement.

What a Conversion Really Costs

Inside China, banks offer rates near the PBOC midpoint. The $50,000 annual individual forex quota limits personal conversion amounts. For business trade settlement, banks process dollar conversions at competitive rates for documented trade transactions. Outside China (using offshore CNH), spreads are slightly wider at 0.5-2%.

How to Get the Best CNY to USD Rate

Inside China, major bank branches offer the most competitive rates. For personal conversion, stay aware of the annual quota. For business payments, documented trade transactions get preferential processing. Compare the mid-market rate on this page with your bank's quoted rate to understand the real cost.