The offshore yuan steadied around 6.79 per dollar on Monday, remaining at its strongest level since February 2023, supported by robust trade data ahead of a highly anticipated meeting between Presidents Donald Trump and Xi Jinping. Exports surged 14.1% year-on-year to a record USD 359.44 billion in April 2026, beating expectations and sharply accelerating from March, supported by investment tied to the global AI boom despite shipping disruptions caused by the closure of the Strait of Hormuz. Imports also jumped 25.3% from a year earlier to a fresh all-time high of USD 274.62 billion, signaling resilient domestic demand. Meanwhile, annual CPI came in above expectations at 1.2% in April, while PPI recorded its second straight month of increases at 2.8%. Investors are now focused on the closely watched Trump–Xi meeting in Beijing later this week, where the two leaders are expected to discuss the Middle East conflict, Taiwan, and a new framework for trade negotiations.

The USD/CNY exchange rate fell to 6.7913 on May 11, 2026, down 0.08% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.42%, and is up by 5.68% 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 May 11 of 2026.

The USD/CNY exchange rate fell to 6.7913 on May 11, 2026, down 0.08% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.42%, and is up by 5.68% 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 6.7914 -0.0055 -0.08% -5.68% May/11
EURCNY 7.9991 -0.0116 -0.15% 0.19% May/11
GBPCNY 9.2387 -0.0263 -0.28% -2.63% May/11
AUDCNY 4.9219 -0.0023 -0.05% 7.25% May/11
NZDCNY 4.0448 -0.0109 -0.27% -4.07% May/11
CNYJPY 23.1520 0.0985 0.43% 12.29% May/11
CNYARS 205.0986 -0.5688 -0.28% 30.62% May/11
CNYBRL 0.7202 -0.0029 -0.40% -7.79% May/11
CNYCAD 0.2014 0.0002 0.08% 3.76% May/11
CNYCHF 0.1146 0.0003 0.26% -2.52% May/11
CNYDKK 0.9338 0.0009 0.10% -0.04% May/11
CNYHKD 1.1527 0.0008 0.07% 6.52% May/11
CNYINR 14.0236 0.1289 0.93% 18.86% May/11
CNYKRW 216.9239 1.8416 0.86% 10.23% May/11
CNYMXN 2.5307 0.0032 0.13% -7.21% May/11
CNYRUB 10.8407 -0.0759 -0.70% -3.63% May/11
CNYSGD 0.1867 0.0003 0.18% 2.88% May/11
CNYZAR 2.4201 0.0084 0.35% -4.52% May/11
 Currencies
 CNY...
 ...CNY



Related Last Previous Unit Reference
China Inflation Rate 1.20 1.00 percent Apr 2026
United States Inflation Rate 3.30 2.40 percent Mar 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Apr 2026
China Loan Prime Rate 3.00 3.00 percent Apr 2026
United States Unemployment Rate 4.30 4.30 percent Apr 2026
China Unemployment Rate 5.40 5.30 percent Mar 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
6.79 6.80 8.73 1.53 1981 - 2026 Daily

News Stream
Offshore Yuan Remains Strong
The offshore yuan steadied around 6.79 per dollar on Monday, remaining at its strongest level since February 2023, supported by robust trade data ahead of a highly anticipated meeting between Presidents Donald Trump and Xi Jinping. Exports surged 14.1% year-on-year to a record USD 359.44 billion in April 2026, beating expectations and sharply accelerating from March, supported by investment tied to the global AI boom despite shipping disruptions caused by the closure of the Strait of Hormuz. Imports also jumped 25.3% from a year earlier to a fresh all-time high of USD 274.62 billion, signaling resilient domestic demand. Meanwhile, annual CPI came in above expectations at 1.2% in April, while PPI recorded its second straight month of increases at 2.8%. Investors are now focused on the closely watched Trump–Xi meeting in Beijing later this week, where the two leaders are expected to discuss the Middle East conflict, Taiwan, and a new framework for trade negotiations.
2026-05-11
Offshore Yuan Hits Fresh 3-Year Peak
The offshore yuan traded around 6.79 per dollar on Friday, extending its rally to a fourth consecutive session and marking a fresh high since February 2023, as markets look ahead to a potential Trump–Xi summit next week. The two leaders are expected to meet in Beijing on May 14–15, a summit previously postponed due to geopolitical tensions linked to the Middle East conflict. In a fresh escalation, three US Navy destroyers transiting the Strait of Hormuz reportedly intercepted Iranian attacks and carried out retaliatory strikes. Uncertainty remains over the visit, with Xi Jinping’s government reportedly cautious about proceeding before the US–Iran standoff shows clearer signs of de-escalation. Separately, China’s financial regulators have reportedly ordered major banks to halt new financing for five US-sanctioned refineries over alleged Iranian oil ties, marking a shift from earlier guidance to disregard US sanctions. For the week, the currency is on track for a weekly gain.
2026-05-07
Chinese Yuan Hits 3-year High
The Chinese Yuan touched 6.81 against the USD, the highest since February 2023. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.39%, and in the last 12 months, it decreased 6.02%.
2026-05-07