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🇺🇸 USD to 🇨🇳 CNYUS Dollar to Chinese Yuan (RMB) Rate Today

Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.

Convert US Dollar to Chinese Yuan using the live indicative interbank rate and the converter below. Covers the cost of sending to China via the major mobile money apps.

LiveUpdated 2026-06-04
1 USD = 6.79 CNY

Currency converter

You convert
🇺🇸USD
Receives
🇨🇳679.00CNY
1 USD = 6.79 CNY · Updated 2026-06-04 09:00

USD → CNY conversion table

USDCNY
16.79
533.95
1067.90
20135.80
50339.50
100679.00
2001,358.00
5003,395.00
1,0006,790.00
2,00013,580.00
5,00033,950.00
10,00067,900.00

Table computed at the indicative rate of 1 USD = 6.79 CNY. Real operator-side values include a 1%-4% spread.

About the US Dollar

The US Dollar (USD, $) is the world's primary reserve currency and the de facto reference rate for most African remittance pricing. It is issued by the Federal Reserve System and subdivided into 100 cents. For African corridors, the USD plays two distinct roles: as the on-the-wire settlement currency that originating remittance providers use to hedge between markets, and as the unit of account that diaspora senders most often think in. When operators quote a USD-to-local-currency rate, the difference between that rate and the interbank mid-market — the spread — is where most of the corridor's cost is hidden, often dwarfing the visible send fee. For receivers in countries with thin USD interbank markets such as Sierra Leone or Mozambique, the published rate can lag the interbank reference by several percentage points.

About the Chinese Yuan

The Chinese Yuan (CNY, ¥) is the unit of the broader Renminbi currency system, issued by the People's Bank of China since 1948. The two names sometimes confuse newcomers: Renminbi (literally "people's currency") refers to the currency as a system, while yuan is the unit in which prices are quoted — both terms describe the same money. Two ISO codes circulate: CNY for the onshore mainland-traded yuan and CNH for the offshore yuan traded primarily in Hong Kong, which sometimes diverges modestly from the onshore rate. The PBOC operates a managed-float regime: a daily mid-point is set against the dollar and the market is permitted to trade within a roughly 2% band around it. For Africa, the yuan has become one of the most strategically important non-G3 currencies. China-Africa bilateral trade reached approximately $348 billion in 2025, up around 17% year-on-year, with Nigeria, South Africa, Angola, Egypt and Kenya as the largest counterparties. In April 2026, Ecobank confirmed negotiations with the Bank of China to launch direct local-currency-to-yuan settlement across its 35 African markets, signalling a structural move away from US-dollar intermediation for African importers paying Chinese suppliers. Note that the ¥ symbol is shared with the Japanese yen — context matters when reading a number.

FX Watch · USD/CNY

The yuan trades against the dollar within a PBOC-managed band of roughly 2% around the daily reference rate. While most major economies free-float their currencies, China's managed regime means USD/CNY moves are typically smaller day-to-day than other emerging-market pairs. The historical low for USD/CNY (most expensive yuan) was around 6.05 in 2014; the recent decade range has been roughly 6.30 to 7.30. In mid-2026 the yuan strengthened to around 6.77 per dollar — its strongest level since early 2023 — as global investors increasingly viewed Chinese assets as a relative safe haven amid geopolitical tensions.

Related pairs

FAQ

What is the USD/CNY exchange rate today?
The indicative rate is 1 USD = 6.79 CNY, updated 2026-06-04. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 USD in CNY?
100 USD ≈ 679.00 CNY at the indicative rate. For 100 USD: 679.00 CNY. Use the converter above to try other amounts.
What's the best way to send US Dollar to China?
For USD to China transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the Chinese Yuan a stable currency?
The Chinese Yuan (CNY, ¥) is the unit of the broader Renminbi currency system, issued by the People's Bank of China since 1948. The two names sometimes confuse newcomers: Renminbi (literally "people's currency") refers to the currency as a system, while yuan is the unit in which prices are quoted — both terms describe the same money.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to China, see the inbound corridor comparison.