Exchange Rate
6.71003
Daily Change
-0.0076 -0.11%
Monthly
-0.57%
Yearly
-5.82%
Q3 Forecast
6.72501
Chinese Yuan - Summary

The offshore yuan traded around 6.71 per dollar on Friday, holding around its strongest level since early February 2023 as a fresh batch of PMI data reinforced expectations that China’s economic recovery is gradually gaining traction. A private survey showed the Composite PMI rising to 52.1 in August from 50.8 in July, as expansion strengthened in both the manufacturing (51.5 vs 50.9) and services (51.4 vs 50.4) sectors. The upbeat readings followed official data also showing that the composite PMI edged up to 49.5 in August from 49.3 in July, as manufacturing activity (49.8 vs 49.2) improved while the non-manufacturing PMI was steady at 49. Attention is now turning to next week's key economic releases, especially trade and inflation figures. Externally, the yuan also benefited from a US dollar weakness after Federal Reserve Governor Christopher Waller favored holding rates steady if inflation pressures continue to ease, prompting markets to pare bets on a Fed rate hike this month.

Chinese Yuan - Stats

The USD/CNY exchange rate fell to 6.7100 on September 4, 2026, down 0.11% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.57%, and is up by 5.82% 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 September 4 of 2026.

Chinese Yuan - Forecast

The USD/CNY exchange rate fell to 6.7100 on September 4, 2026, down 0.11% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.57%, and is up by 5.82% over the last 12 months. The Chinese Yuan is expected to trade at 6.73 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.68 in 12 months time.



Crosses Price Day Year Date
USDCNY 6.7100 -0.0076 -0.11% -5.82% Sep/04
EURCNY 7.8013 -0.0086 -0.11% -6.52% Sep/04
GBPCNY 9.0863 0.0003 0% -5.51% Sep/04
AUDCNY 4.8334 -0.0034 -0.07% 3.59% Sep/04
NZDCNY 3.9603 0.0104 0.26% -5.13% Sep/04
CNYJPY 23.2980 0.1046 0.45% 12.66% Sep/04
CNYCAD 0.2053 -0.00001 -0.002% 6.06% Sep/04
CNYCHF 0.1203 0.0001 0.05% 6.59% Sep/04
CNYDKK 0.9571 0.0001 0.01% 6.65% Sep/04
CNYHKD 1.1677 0.0006 0.05% 6.81% Sep/04
CNYINR 14.0651 -0.0182 -0.13% 13.80% Sep/04
CNYKRW 201.2442 -0.7065 -0.35% 3.05% Sep/04
CNYMXN 2.5158 -0.0031 -0.12% -4.14% Sep/04
CNYRUB 12.8690 -0.0614 -0.47% 12.95% Sep/04
CNYSGD 0.1886 -0.000002 -0.001% 4.43% Sep/04
CNYZAR 2.3800 0.0001 0.004% -4.41% Sep/04
CNYARS 224.8302 -0.0421 -0.02% 17.74% Sep/03
CNYBRL 0.7597 0.0018 0.24% -0.51% Sep/03
 Currencies
 CNY...
 ...CNY



Related Last Previous Unit Reference
United States Inflation Rate 3.40 3.50 percent Jul 2026
China Inflation Rate 0.50 1.00 percent Jul 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Aug 2026
China Loan Prime Rate 3.00 3.00 percent Aug 2026
United States Unemployment Rate 4.10 4.20 percent Jul 2026
China Unemployment Rate 5.20 5.00 percent Jul 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
6.71 6.72 8.73 1.53 1981 - 2026 Daily

News Stream
Chinese Yuan Hits 3-1/2-year High
The Chinese Yuan touched 6.71 against the USD, the highest since February 2023. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.49%, and in the last 12 months, it decreased 5.75%.
2026-09-04
Offshore Yuan Holds at Over 3-Year Peak
The offshore yuan traded around 6.71 per dollar on Friday, holding around its strongest level since early February 2023 as a fresh batch of PMI data reinforced expectations that China’s economic recovery is gradually gaining traction. A private survey showed the Composite PMI rising to 52.1 in August from 50.8 in July, as expansion strengthened in both the manufacturing (51.5 vs 50.9) and services (51.4 vs 50.4) sectors. The upbeat readings followed official data also showing that the composite PMI edged up to 49.5 in August from 49.3 in July, as manufacturing activity (49.8 vs 49.2) improved while the non-manufacturing PMI was steady at 49. Attention is now turning to next week's key economic releases, especially trade and inflation figures. Externally, the yuan also benefited from a US dollar weakness after Federal Reserve Governor Christopher Waller favored holding rates steady if inflation pressures continue to ease, prompting markets to pare bets on a Fed rate hike this month.
2026-09-02
Offshore Yuan Edges Lower
The offshore yuan edged lower to around 6.72 per dollar on Tuesday, reversing gains from the previous session as the People's Bank of China continued to temper the currency’s appreciation. The central bank set the daily midpoint at 6.7809 per dollar, 640 pips weaker than the Reuters estimate and near the largest downside deviation recorded since February. The move extended a recent pattern of fixing the yuan below market expectations, signaling policymakers’ intent to curb further strength after the currency’s roughly 4% year-to-date rally. On the domestic front, economic data offered fresh signs of resilience in the manufacturing sector. A private survey showed that the manufacturing PMI rose to 51.5 in August from a four-month low of 50.9 in July, beating forecasts of 51.0. The reading followed official data showing manufacturing activity improving to 49.8 from 49.2, also exceeding expectations of 49.7.
2026-08-27