The offshore yuan edged higher to around 6.77 per dollar on Monday, trimming losses from the previous session as broader market sentiment improved on progress in US-Iran talks while investors assessed the People's Bank of China's decision to leave its key lending rates unchanged. The PBoC maintained the one-year loan prime rate (LPR) at 3.0% and the five-year LPR at 3.5% for a thirteenth consecutive month, underscoring policymakers’ cautious approach as they seek to sustain growth while safeguarding financial stability. China's economic recovery remains uneven. While resilient exports continue to provide support, domestic consumption and the property sector remain subdued. Elsewhere, risk appetite improved after the US and Iran reported constructive progress in negotiations aimed at easing regional tensions, with both sides agreeing on a roadmap toward a potential final agreement within 60 days.

The USD/CNY exchange rate fell to 6.7778 on June 22, 2026, down 0.09% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.10%, and is up by 5.54% 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 22 of 2026.

The USD/CNY exchange rate fell to 6.7778 on June 22, 2026, down 0.09% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.10%, and is up by 5.54% over the last 12 months. The Chinese Yuan is expected to trade at 6.78 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.73 in 12 months time.



Crosses Price Day Year Date
USDCNY 6.7778 -0.0060 -0.09% -5.54% Jun/22
EURCNY 7.7452 -0.0372 -0.48% -6.76% Jun/22
GBPCNY 8.9792 0.0031 0.03% -7.48% Jun/22
AUDCNY 4.7425 -0.0163 -0.34% 2.31% Jun/22
NZDCNY 3.8719 -0.0220 -0.56% -9.68% Jun/22
CNYJPY 23.8340 0.0608 0.26% 17.00% Jun/22
CNYARS 215.6229 -0.0172 -0.01% 32.01% Jun/22
CNYBRL 0.7588 -0.0008 -0.10% -1.19% Jun/22
CNYCAD 0.2088 0.0002 0.11% 9.10% Jun/22
CNYCHF 0.1192 0.0002 0.20% 5.23% Jun/22
CNYDKK 0.9648 0.0042 0.44% 7.44% Jun/22
CNYHKD 1.1567 0.0014 0.12% 5.73% Jun/22
CNYINR 13.9682 0.0191 0.14% 16.12% Jun/22
CNYKRW 226.8064 1.6930 0.75% 18.69% Jun/22
CNYMXN 2.5621 0.0063 0.24% -3.86% Jun/22
CNYRUB 10.9334 0.1724 1.60% -0.06% Jun/22
CNYSGD 0.1907 0.0004 0.19% 6.53% Jun/22
CNYZAR 2.4191 0.0028 0.11% -2.82% Jun/22
 Currencies
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Related Last Previous Unit Reference
United States Inflation Rate 4.20 3.80 percent May 2026
China Inflation Rate 1.20 1.20 percent May 2026
China Loan Prime Rate 3.00 3.00 percent Jun 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Unemployment Rate 4.30 4.30 percent May 2026
China Unemployment Rate 5.10 5.20 percent May 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 6.78 8.73 1.53 1981 - 2026 Daily

News Stream
Offshore Yuan Rebounds
The offshore yuan edged higher to around 6.77 per dollar on Monday, trimming losses from the previous session as broader market sentiment improved on progress in US-Iran talks while investors assessed the People's Bank of China's decision to leave its key lending rates unchanged. The PBoC maintained the one-year loan prime rate (LPR) at 3.0% and the five-year LPR at 3.5% for a thirteenth consecutive month, underscoring policymakers’ cautious approach as they seek to sustain growth while safeguarding financial stability. China's economic recovery remains uneven. While resilient exports continue to provide support, domestic consumption and the property sector remain subdued. Elsewhere, risk appetite improved after the US and Iran reported constructive progress in negotiations aimed at easing regional tensions, with both sides agreeing on a roadmap toward a potential final agreement within 60 days.
2026-06-22
Chinese Yuan Hits 4-week Low
The Chinese Yuan touched 6.79 against the USD, the lowest since May 2026. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.14%, and in the last 12 months, it decreased 5.4%.
2026-06-19
Offshore Yuan Hits 1-Month Low
The offshore yuan weakened to around 6.79 per dollar on Friday, hitting its lowest level in a month and putting the currency on track for a weekly loss as the resilient US dollar benefited from intensifying rate-hike bets. While the Federal Reserve recently left interest rates unchanged as widely anticipated, roughly half of the FOMC policymakers now project at least one additional rate hike by the end of 2026. On the domestic front, traders are closely watching next week’s fixing of the one- and five-year Loan Prime Rates (LPR). The upcoming policy decision carries extra weight following a string of recent data underscoring China's uneven economic growth. Meanwhile, Hong Kong is set to debut its highly anticipated offshore yuan bond futures this August. The milestone launch represents a strategic push by Beijing to cement the city’s status as a premier global offshore yuan hub while accelerating the broader internationalization of the currency.
2026-06-19