CNY to USD Converter
CNY to USD converter for Chinese yuan to US dollar exchange. Enter the amount and the current mid-market rate (typically 7.10 to 7.30 CNY per USD in 2026) to convert in either direction. Shows the inverse rate (1 CNY in USD) and clean two-way arithmetic for invoices, Alibaba orders, salary conversions, and remittances.
Regional Rule Context
China Rates and Rules
CNY (onshore) and CNH (offshore) typically track within 0.1 to 0.5%. PBOC publishes daily central parity through CFETS; onshore rate trades in a 2% band. Typical 2026 range: 7.10 to 7.30 CNY per USD. Retail bank spreads 1 to 3% off mid-market.
Enter Values
Current mid-market rate from the PBOC, your bank, or an FX service
Result
Enter values above and click Calculate to see your result.
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CNY (Chinese Yuan, also called Renminbi or RMB) to USD converter. CNY is the onshore currency code used in mainland China; CNH is the offshore code used in Hong Kong, Singapore, and London. Rates generally track within 0.1 to 0.5% but can diverge on volatile days. The PBOC (People Bank of China) publishes a daily central parity rate through CFETS, and the onshore market trades within a 2% band around it. Typical 2026 rates have been in the 7.10 to 7.30 CNY per USD range. For retail transfers, banks typically add a spread of 1 to 3% off the mid-market rate, plus fixed wire fees of 20 to 50 USD.
Disclaimer: This calculator uses publicly available rules effective as of Jan 1, 2026 (version 1.0). Results are for informational purposes only. Always verify with official sources or a qualified professional. Last reviewed: Apr 23, 2026.
Formula
Use the current CNY per USD rate. To convert yuan to dollars, divide the yuan amount by the rate. To go the other way, multiply the dollar amount by the rate.
China FAQs
Where do I find the official CNY reference rate the PBOC publishes?
The People Bank of China publishes a daily central parity rate (人民币汇率中间价) through CFETS at chinamoney.com.cn around 09:15 Beijing time each trading day. Banks and fintech apps typically lag the central parity by 10 to 30 minutes. For tax filings, Chinese contracts, and cross-border wire documentation, use the CBR rate; for retail transfers, use your bank quoted rate which includes a 1 to 3% spread.
Why do Chinese banks quote a different rate than Hong Kong banks for the same day?
Mainland China uses CNY (onshore), while Hong Kong, Singapore, and London use CNH (offshore). The two are separate currency pools with different supply and demand. On a calm day they track within 0.1% of each other. On volatile days (PBOC intervention, capital-flow changes) CNH can trade 0.5 to 1% weaker or stronger than CNY. If you receive money in Hong Kong, you get the CNH rate; in Shanghai, the CNY rate.
How much USD do I need to send a Chinese supplier 100,000 RMB for an Alibaba order?
At 7.20 CNY per USD mid-market, 100,000 RMB is about 13,889 USD. Alibaba payment channels (Alipay, TT wire) typically add 1 to 2% spread, so you will actually pay about 14,100 to 14,200 USD. For wire transfers over 50,000 USD, factor in a 20 to 50 USD fixed fee. Always confirm the exchange rate at the moment of sending because daily movement of 0.10 CNY shifts cost by about 1.3%.
How do Wise, PayPal, and SWIFT compare for CNY transfers?
Wise charges a low 0.4 to 0.7% spread for USD to CNY but is blocked for direct CNY payouts to mainland personal accounts in some states. PayPal adds 3 to 4% spread and is often cheapest for small under 500 USD transfers. Traditional SWIFT wires (HSBC, Bank of America to ICBC) add 1 to 2% spread plus 30 to 50 USD fixed fees but are required for amounts over 50,000 USD per year under China capital controls.
Which rate should I use for my Chinese tax filing or employment contract?
Use the PBOC central parity rate (官方汇率) for all official Chinese uses: tax filings, employment contracts, salary documentation, customs declarations, and corporate accounting. Using a bank rate or crypto rate can be rejected by tax and customs officials. The central parity is published each trading morning and is considered the only legally valid rate for regulated transactions.
Why are some 2026 CNY rates quoted at 7.10 and others at 7.30?
The PBOC allows the onshore CNY to trade in a 2% band around the daily central parity rate. Within 2026 so far, the parity has drifted from about 7.08 in Q1 to 7.28 in Q3 based on trade flows, monetary policy divergence with the US Fed, and market sentiment. A 0.20 CNY swing across the year is normal; black-swan events (sudden policy shifts) can push the rate another 0.15 to 0.25 within days.
How can I put this CNY to USD Converter on my blog or website?
Yes, the CNY to USD Converter is fully embeddable. Tap "Embed" above to configure appearance and copy the code. It is free to use, works on any platform (HTML, WordPress, CMS), and adjusts to any screen size automatically. Visit calculory.com/services/embed-calculators for the complete guide.
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