Business Desk 05 Apr , 2024 01:07 AM GMT
Exchange rate: USD 7.23 for Chinese Yuan to US Dollar.
Global supply and demand dynamics influence exchange rate fluctuations.
Understanding current exchange rates is crucial for currency conversion.
Exchange rate: USD 7.23 for Chinese Yuan to US Dollar.
As of 5 April 2024, the Chinese Yuan to US Dollar exchange rate stands at USD 7.23 for both buying and selling, according to the open market rate. This rate is subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses looking to convert currencies, understanding the current exchange rate is crucial. The table below provides a snapshot of the exchange rates for various currencies against the Chinese Yuan:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 151.30 | 151.30 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates. This information is provided to assist individuals in making informed decisions when converting currencies.
Stay informed with the latest inter-bank currency rates by visiting our website, where we provide timely updates on exchange rates for various currencies, including the Chinese Yuan.
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