The offshore yuan strengthened to around 6.77 per dollar on Tuesday, as stronger-than-expected trade data highlighted the resilience of China's export sector amid signs of an economic slowdown. Exports surged 19.4% year-on-year to a record USD 376.8 billion in May, driven by inventory building aimed at mitigating rising shipping and energy costs linked to the Gulf conflict, alongside robust demand for semiconductors and AI-related products. While the Middle East conflict has yet to significantly affect exports, weak domestic demand continues to leave the economy vulnerable to a deterioration in global conditions, reinforcing expectations for further policy easing. Meanwhile, imports jumped 27.4% to USD 271.4 billion, beating forecasts of a 25% increase as firms stepped up purchases of foreign chips and equipment. Consequently, China's trade surplus widened to USD 105.4 billion, its highest level since January.

The USD/CNY exchange rate fell to 6.7771 on June 9, 2026, down 0.12% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.22%, and is up by 5.73% over the last 12 months. Historically, the USDCNY reached an all time high of 8.73 in January of 1994. Chinese Yuan - data, forecasts, historical chart - was last updated on June 9 of 2026.

The USD/CNY exchange rate fell to 6.7771 on June 9, 2026, down 0.12% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.22%, and is up by 5.73% over the last 12 months. The Chinese Yuan is expected to trade at 6.79 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.74 in 12 months time.



Crosses Price Day Year Date
USDCNY 6.7775 -0.0080 -0.12% -5.72% Jun/09
EURCNY 7.8277 0.0053 0.07% -4.69% Jun/09
GBPCNY 9.0725 0.0254 0.28% -6.52% Jun/09
AUDCNY 4.7644 -0.0116 -0.24% 1.62% Jun/09
NZDCNY 3.9443 0.0027 0.07% -9.20% Jun/09
CNYJPY 23.6590 0.0528 0.22% 17.39% Jun/09
CNYARS 212.7712 -0.4102 -0.19% 28.79% Jun/09
CNYBRL 0.7637 -0.0034 -0.44% -1.34% Jun/09
CNYCAD 0.2058 0.0001 0.07% 8.25% Jun/09
CNYCHF 0.1177 0.0001 0.05% 2.83% Jun/09
CNYDKK 0.9550 -0.0004 -0.04% 5.14% Jun/09
CNYHKD 1.1564 0.0015 0.13% 5.92% Jun/09
CNYINR 14.0571 -0.0398 -0.28% 18.12% Jun/09
CNYKRW 225.4796 0.4540 0.20% 18.64% Jun/09
CNYMXN 2.5712 -0.0033 -0.13% -3.03% Jun/09
CNYRUB 10.6255 -0.1291 -1.20% -2.66% Jun/09
CNYSGD 0.1899 -0.0001 -0.03% 6.08% Jun/09
CNYZAR 2.4372 0.0043 0.18% -0.97% Jun/09
 Currencies
 CNY...
 ...CNY



Related Last Previous Unit Reference
China Inflation Rate 1.20 1.00 percent Apr 2026
United States Inflation Rate 3.80 3.30 percent Apr 2026
United States Fed Funds Interest Rate 3.75 3.75 percent May 2026
China Loan Prime Rate 3.00 3.00 percent May 2026
United States Unemployment Rate 4.30 4.30 percent May 2026
China Unemployment Rate 5.20 5.40 percent Apr 2026

Chinese Yuan
The USDCNY exchange rate is a reference rate not used in actual currency trading. When investors or entities want to exchange dollars for the Chinese currency, they do so using the USDCNH exchange rate set in Hong Kong. The People's Bank of China sets the yuan's mid-point rate and the onshore yuan (USDCNY) is allowed to trade 2% higher or lower than the PBoC’s central reference rate. The offshore yuan (USDCNH) which trades outside the mainland is not controlled. The USDCNY and the USDCNH are not very different and usually trade less than a few cents apart. China's Foreign Exchange Trade System published a new yuan index, on December 11th, 2015 including 13 currencies and extended it on January 1st 2017 to 24. The CFETS RMB Index measures the value of yuan against a basket of 24 major currencies, with weights based on international trade and has an end-2014 base year. The USD accounts for the largest share (22.4 percent), followed by the euro (accounting for 16.3 percent) and the yen (11.5 percent). The index also includes the currencies of Hong Kong, UK, Australia, New Zealand, Singapore, Switzerland, Canada, Malaysia, Russia, Thailand, South Africa, South Korea, UAE, Saudi Arabia, Hungary, Poland, Denmark, Sweden, Norway, Turkey and Mexico. .
Actual Previous Highest Lowest Dates Unit Frequency
6.78 6.79 8.73 1.53 1981 - 2026 Daily

News Stream
Offshore Yuan Rises on Strong Exports
The offshore yuan strengthened to around 6.77 per dollar on Tuesday, as stronger-than-expected trade data highlighted the resilience of China's export sector amid signs of an economic slowdown. Exports surged 19.4% year-on-year to a record USD 376.8 billion in May, driven by inventory building aimed at mitigating rising shipping and energy costs linked to the Gulf conflict, alongside robust demand for semiconductors and AI-related products. While the Middle East conflict has yet to significantly affect exports, weak domestic demand continues to leave the economy vulnerable to a deterioration in global conditions, reinforcing expectations for further policy easing. Meanwhile, imports jumped 27.4% to USD 271.4 billion, beating forecasts of a 25% increase as firms stepped up purchases of foreign chips and equipment. Consequently, China's trade surplus widened to USD 105.4 billion, its highest level since January.
2026-06-09
Offshore Yuan Edges Higher
The offshore yuan edged higher to around 6.78 per dollar on Monday, trimming losses from the previous week as the currency showed resilience against a firmer US dollar ahead of a slate of key economic releases due later this week. The greenback strengthened after a stronger-than-expected US jobs report fueled expectations that the Federal Reserve may keep policy tighter for longer. The yuan’s resilience also came even as the People’s Bank of China has consistently set weaker-than-expected daily midpoint fixings in an effort to temper the currency’s appreciation. Nevertheless, the yuan remains about 3.1% stronger against the dollar so far this year, ranking among the better-performing emerging market currencies since the onset of the Iran conflict. Meanwhile, investors are now focused on upcoming Chinese economic data, particularly trade and inflation figures, which are expected to offer fresh signals on China’s economy amid external and domestic headwinds.
2026-06-03
Offshore Yuan Remains at Multi-Year High
The offshore yuan strengthened to around 6.76 per dollar on Tuesday, remaining at its strongest level since February 2023, as investors increasingly viewed Chinese assets as a relative safe haven amid heightened tensions involving Iran. Geopolitical uncertainty persisted after the latest developments indicated that Iran had suspended indirect talks with Washington over Israel's military operations in Lebanon, even as US President Trump asserted that negotiations remained ongoing. China's diversified energy supply base and comparatively limited direct exposure to the Middle East have reinforced the attractiveness of its financial markets during the conflict, underpinning the yuan's resilience. However, further upside in the yuan may be capped by Beijing's preference for exchange-rate stability, as reflected in the People's Bank of China's continued weaker-than-expected daily fixings, as well as potential dollar-buying interventions by major state-owned banks.
2026-06-02