Convert CNY to USD, Free
Live exchange rates updated daily. Enter any CNY amount for the USD equivalent.
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How to convert CNY to USD
The Chinese yuan renminbi (CNY) is managed under a controlled float by the People's Bank of China, which sets a daily reference rate (midpoint) and allows the CNY/USD rate to trade within a defined band around it. This makes the yuan less volatile than freely floating currencies but means the rate still shifts daily in response to trade data, capital flows, and policy signals.
This converter calculates the US dollar value of any CNY amount using a current or recently updated rate. The calculation runs in your browser via JavaScript. Rates shown are mid-market reference rates; your bank or transfer service will apply a spread on top.
Enter the CNY amount
Type the yuan amount you want to convert. Fen (hundredths of a yuan) are supported: enter 1500.50 for 1500 yuan and 50 fen.
Read the USD equivalent
The converter multiplies your amount by the current CNY/USD rate and displays the result instantly.
Note the rate
The rate displayed reflects the mid-market or reference rate at the time of the query. Bank rates and remittance service rates will differ.
Reverse if needed
To convert US dollars to Chinese yuan, enter the USD amount in the USD to CNY converter.
Frequently asked questions
What is the difference between CNY and CNH?
CNY is the yuan traded onshore in mainland China, subject to the People's Bank of China daily fixing. CNH is the offshore yuan traded in Hong Kong and other markets, where supply and demand move more freely. The two rates are usually close but can diverge by a few percent during periods of stress.
How does China's daily midpoint affect the CNY/USD rate?
Each morning the People's Bank of China publishes a central parity rate. The spot rate can trade within plus or minus 2 percent of that midpoint. This mechanism prevents sharp daily swings but accumulates over time as the midpoint shifts.
Is the Chinese yuan freely convertible?
Not fully. China maintains capital controls, meaning converting large amounts of CNY to foreign currency requires approval through licensed banks. For everyday transactions and remittances, banks and authorized money changers handle conversions within quota limits.
What drives CNY/USD rate movements?
Key drivers include China's trade surplus or deficit, US and Chinese interest rate differentials, US-China trade policy, and general global risk appetite. The PBOC also guides the rate through the midpoint setting to avoid excessive volatility.
What is the ISO code for the Chinese yuan?
CNY is the ISO 4217 code for the Chinese yuan renminbi. The word renminbi means 'people's currency' and is the official name; yuan is the unit of denomination. The symbol is ¥, shared with the Japanese yen.