Exchange Rate
6.70348
Daily Change
0.0009 0.01%
Monthly
-0.04%
Yearly
-6.09%
Q4 Forecast
6.69367
Chinese Yuan - Summary

The offshore yuan held steady for the second consecutive session at around 6.70 per dollar on Thursday, as investors returned from the week-long Golden Week holiday. Investors continued to assess China’s most significant stimulus efforts since September 2024, aimed at helping the economy meet the government’s 4.5%-5.0% growth target this year rather than driving a broad-based economic revival. The measures include newly announced mortgage subsidies, expanded central bank funding facilities, and a State Council commitment to introduce “a package of practical and effective additional policies. The move came as months of weaker economic data raised concerns over a further loss of momentum following a disappointing second quarter. China’s economy expanded 4.3% year-on-year in Q2 2026, down from 5.0% in Q1 and below the 4.5% market consensus. The reading marked the weakest annual growth since Q4 2022.

Chinese Yuan - Stats

The USD/CNY exchange rate rose to 6.7031 on October 8, 2026, up 0.01% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.05%, and is up by 6.10% 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 October 8 of 2026.

Chinese Yuan - Forecast

The USD/CNY exchange rate rose to 6.7031 on October 8, 2026, up 0.01% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.05%, and is up by 6.10% over the last 12 months. The Chinese Yuan is expected to trade at 6.69 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.66 in 12 months time.



Crosses Price Day Year Date
USDCNY 6.7035 0.0009 0.01% -6.09% Oct/08
EURCNY 7.5175 0.0130 0.17% -8.93% Oct/08
GBPCNY 8.8690 0.0120 0.14% -6.61% Oct/08
AUDCNY 4.6660 -0.0014 -0.03% -0.30% Oct/08
NZDCNY 3.7526 -0.0008 -0.02% -8.49% Oct/08
CNYJPY 23.5210 -0.0629 -0.27% 9.69% Oct/08
CNYARS 226.6029 0.2044 0.09% 13.79% Oct/08
CNYBRL 0.7477 -0.0006 -0.07% 0.04% Oct/08
CNYCAD 0.2122 -0.0005 -0.24% 8.04% Oct/08
CNYCHF 0.1242 -0.0001 -0.10% 9.96% Oct/08
CNYDKK 0.9949 -0.0011 -0.11% 9.99% Oct/08
CNYHKD 1.1706 -0.0003 -0.03% 7.38% Oct/08
CNYINR 14.4853 0.0427 0.30% 16.36% Oct/08
CNYKRW 200.0788 0.2253 0.11% 0.37% Oct/08
CNYMXN 2.6833 0.0006 0.02% 4.14% Oct/08
CNYRUB 12.7642 0.0107 0.08% 12.24% Oct/08
CNYSGD 0.1911 0.0001 0.08% 4.89% Oct/08
CNYZAR 2.4799 0.0017 0.07% 2.89% Oct/08
 Currencies
 CNY...
 ...CNY



Related Last Previous Unit Reference
China Inflation Rate 0.80 0.50 percent Aug 2026
United States Inflation Rate 3.40 3.40 percent Aug 2026
China Loan Prime Rate 3.00 3.00 percent Sep 2026
United States Fed Funds Interest Rate 4.00 3.75 percent Sep 2026
United States Unemployment Rate 4.20 4.10 percent Sep 2026
China Unemployment Rate 5.30 5.20 percent Aug 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
6.70 6.70 8.73 1.53 1981 - 2026 Daily

News Stream
Offshore Yuan Steady for Second Session
The offshore yuan held steady for the second consecutive session at around 6.70 per dollar on Thursday, as investors returned from the week-long Golden Week holiday. Investors continued to assess China’s most significant stimulus efforts since September 2024, aimed at helping the economy meet the government’s 4.5%-5.0% growth target this year rather than driving a broad-based economic revival. The measures include newly announced mortgage subsidies, expanded central bank funding facilities, and a State Council commitment to introduce “a package of practical and effective additional policies. The move came as months of weaker economic data raised concerns over a further loss of momentum following a disappointing second quarter. China’s economy expanded 4.3% year-on-year in Q2 2026, down from 5.0% in Q1 and below the 4.5% market consensus. The reading marked the weakest annual growth since Q4 2022.
2026-09-30
Offshore Yuan Extends Gains
The offshore yuan strengthened to around 6.70 per dollar on Tuesday, extending gains from the previous session as expectations for policy stimulus grew to support domestic demand and economy. China’s government bond issuance is set to accelerate in Q4 after local governments used only 81% of their annual special bond quota in the first nine months of 2026, while the State Council said it may activate unused borrowing quotas from prior years, potentially allowing debt sales to exceed the remaining 2026 allocation. The prospect of increased debt issuance comes as concerns over China’s economic growth and domestic consumption deepen. Meanwhile, investors looked ahead to a batch of official and private PMI surveys due on Wednesday, with particular attention on assessing the resilience of China’s manufacturing sector, which is supported by solid foreign demand and strength in technology-related industries.
2026-09-28
Offshore Yuan Extends Losses For 4th Session
The offshore yuan depreciated to around 6.72 per dollar on Friday, marking its fourth straight session of losses as traders weighed developments from the Trump-Xi summit in Washington. Artificial intelligence was a key topic during Thursday’s White House meeting, with both leaders discussing how to manage competition in the rapidly evolving sector. Ahead of the talks, Trump reiterated his opposition to stricter AI guardrails, while Xi said both countries have the “capability and responsibility” to ensure the technology remains under human control. Separately, Xi urged the US to explicitly oppose Taiwan independence, marking his first public appeal for Trump to reconsider Washington’s longstanding stance on the self-governed island. The White House has yet to release an official readout of the meeting, leaving Trump's response unclear. Externally, the yuan remained under pressure from a firmer US dollar as markets priced in around a 67% chance of a Federal Reserve rate hike in October.
2026-09-25