The offshore yuan rose to around 6.84 per dollar, rebounding from two straight session of losses and on track for monthly gains as stronger-than-expected PMI data signaled resilience in China’s economy despite external headwinds. Official figures showed the manufacturing PMI edged down to 50.3 in April from 50.4 in March, but still beat expectations of 50.1 and remained in expansion territory for a second straight month. A private survey also showed the manufacturing PMI climbing to 52.2 from 50.8, topping forecasts of 51 and marking its strongest level since December 2020. China’s strategic petroleum reserve management and investment in renewable energy have helped cushion the economy from external shocks linked to Middle East tensions. Meanwhile, US President Trump is expected to visit China between May 14 and 15, with reports suggesting Chinese President Xi Jinping will prioritize Taiwan, marking a shift from their last meeting in South Korea, where the issue was set aside.

The USD/CNY exchange rate fell to 6.8333 on April 30, 2026, down 0.21% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.82%, and is up by 6.12% 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 April 30 of 2026.

The USD/CNY exchange rate fell to 6.8333 on April 30, 2026, down 0.21% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.82%, and is up by 6.12% over the last 12 months. The Chinese Yuan is expected to trade at 6.82 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.77 in 12 months time.



Crosses Price Day Year Date
USDCNY 6.8325 -0.0150 -0.22% -6.13% Apr/30
EURCNY 7.9911 -0.0061 -0.08% -2.76% Apr/30
GBPCNY 9.2373 0.0105 0.11% -4.42% Apr/30
AUDCNY 4.8975 0.0252 0.52% 5.41% Apr/30
NZDCNY 4.0083 0.0162 0.41% -7.14% Apr/30
CNYJPY 22.9480 -0.4731 -2.02% 14.89% Apr/30
CNYARS 203.6042 0.4411 0.22% 26.41% Apr/30
CNYBRL 0.7311 -0.0020 -0.27% -6.33% Apr/30
CNYCAD 0.1999 0.0001 0.05% 5.04% Apr/30
CNYCHF 0.1149 -0.0006 -0.53% 0.80% Apr/30
CNYDKK 0.9343 -0.0003 -0.03% 2.87% Apr/30
CNYHKD 1.1464 0.0019 0.16% 7.57% Apr/30
CNYINR 13.8942 0.0329 0.24% 19.41% Apr/30
CNYKRW 216.3022 -1.1028 -0.51% 9.63% Apr/30
CNYMXN 2.5618 0.0009 0.03% -4.92% Apr/30
CNYRUB 10.9637 0.0019 0.02% -2.69% Apr/30
CNYSGD 0.1868 -0.0004 -0.20% 3.57% Apr/30
CNYZAR 2.4552 0.0001 0.004% -3.61% Apr/30
 Currencies
 CNY...
 ...CNY



Related Last Previous Unit Reference
United States Inflation Rate 3.30 2.40 percent Mar 2026
China Inflation Rate 1.00 1.30 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 4.40 percent Mar 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
6.83 6.85 8.73 1.53 1981 - 2026 Daily

News Stream
Offshore Yuan Set for Monthly Gains
The offshore yuan rose to around 6.84 per dollar, rebounding from two straight session of losses and on track for monthly gains as stronger-than-expected PMI data signaled resilience in China’s economy despite external headwinds. Official figures showed the manufacturing PMI edged down to 50.3 in April from 50.4 in March, but still beat expectations of 50.1 and remained in expansion territory for a second straight month. A private survey also showed the manufacturing PMI climbing to 52.2 from 50.8, topping forecasts of 51 and marking its strongest level since December 2020. China’s strategic petroleum reserve management and investment in renewable energy have helped cushion the economy from external shocks linked to Middle East tensions. Meanwhile, US President Trump is expected to visit China between May 14 and 15, with reports suggesting Chinese President Xi Jinping will prioritize Taiwan, marking a shift from their last meeting in South Korea, where the issue was set aside.
2026-04-30
Offshore Yuan Remains Near 2023 Peak Levels
The offshore yuan traded around 6.83 per dollar on Wednesday, remaining near a recent more than three-year high, as it heads into a period of expected seasonal weakness that may arrive earlier than usual this summer. Chinese firms are accelerating foreign exchange hedging ahead of a record wave of dividend payments scheduled for June through August, with mainland companies listed in Hong Kong expected to distribute nearly $70 billion in payouts. Instead of waiting closer to payout dates, many are locking in rates early due to lower cost of currency purchases and forward rates are cheaper than the spot market. Pressure on the yuan comes from renewed US–China tensions, including Washington’s sanctions on a major refiner and warnings of possible secondary sanctions on banks. Meanwhile, China’s blocking of Meta’s acquisition of AI startup Manus, along with stricter export compliance and supply chain rules, has further contributed to a more cautious sentiment for the yuan.
2026-04-29
Offshore Yuan Falls Amid Dollar Strength
The offshore yuan weakened to around 6.83 per dollar on Tuesday, reversing gains from the previous session as the greenback strengthened amid persistent uncertainty over Washington’s diplomatic stance toward Iran. Officials said that US President Trump remains skeptical of Iran’s latest proposal to reopen the Strait of Hormuz and bring an end to the conflict, citing Tehran’s reluctance to meet key US demands. In China, the Politburo, one of the top decision-making bodies of the ruling Communist Party, pledged to strengthen energy security and cushion the economy against external shocks, emphasizing continued investment in advanced technology and tighter control over critical supply chains to boost self-sufficiency. Officials also pointed to a stronger-than-expected start to the year, with China’s economy expanding 5% in the first quarter. The data highlights the economy’s relative resilience compared with many peers amid energy and commodity disruptions linked to the Iran conflict.
2026-04-27