Chinese Yuan to USD exchange rate update on December 14th
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Chinese Yuan to USD exchange rate update on December 14th

Posted on by Amelia Pressman

The Chinese Yuan to USD exchange rate is $7.28 for buying and selling.

As of December 14, 2024, the exchange rate of the Chinese yuan to the US dollar according to the open market rate is US$7.28 for buying and selling. It is important to note that the exchange rates between the Chinese Yuan and the US Dollar are subject to constant fluctuations due to global supply and demand dynamics.

For individuals or businesses looking to convert currencies, it is important to know the current exchange rate to get the best value for money. Keeping track of current exchange rates can help make informed decisions when exchanging currencies.

Here is a snapshot of Chinese Yuan exchange rates against other major currencies:

currency Purchase price Selling price
Australian dollar (AUD) 1.57 1.57
British pound (GBP) 0.79 0.79
Canadian Dollar (CAD) 1.42 1.42
Chinese Yuan (CNY) 7.28 7.28
Euros (EUR) 0.95 0.95
Japanese Yen (JPY) 153.87 153.87
New Zealand dollar (NZD) 1.74 1.74
Swiss franc (CHF) 0.89 0.89

It should be noted that exchange rates for open market currencies may differ from those of banks, with banks typically charging higher exchange rates. Staying up to date on interbank exchange rates can help individuals and businesses make more cost-effective currency exchange decisions.

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