Exchange Rate Lookup

Query real-time exchange rates for RMB against major world currencies including USD, EUR, GBP, JPY, etc.

Exchange Calculator

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Common Use Cases

  • Check currency conversion rates before international travel
  • Quickly convert prices when shopping on overseas websites
  • Calculate profits and pricing for cross-border e-commerce sellers
  • Monitor exchange rate fluctuations to find optimal conversion timing

Exchange Rate Note

Exchange rates are for reference only. Actual transaction rates are subject to bank counter rates. Rates fluctuate with market changes. Please confirm the latest rate before trading.

Frequently Asked Questions

How often is the exchange rate data updated?

This tool's exchange rate data comes from public APIs and is typically updated daily. However, actual bank transaction rates fluctuate in real-time with different buy and sell prices. Please use bank counter quotes for actual transactions.

Why are bank rates different from what's shown here?

Bank rates include buy price, sell price, and mid-price, with spreads (profit margins) added. This tool displays the market mid-price for reference only. Banks provide specific quotes based on market conditions during actual exchange.

What factors influence exchange rate fluctuations?

Exchange rates are affected by multiple factors: central bank policy rates, economic data (GDP, CPI, employment), trade balance, geopolitics, and market expectations. Short-term fluctuations are mainly driven by market sentiment and capital flows.

Exchange Rate Basics

An exchange rate is the conversion ratio between two currencies. For example, 1 USD = 7.2 CNY means 1 US dollar can be exchanged for 7.2 Chinese yuan. Exchange rates use either direct quotation (1 foreign currency = how much domestic) or indirect quotation.

The RMB exchange rate follows a managed floating system based on market supply and demand, referencing a basket of currencies. The People's Bank of China maintains basic exchange rate stability through the central parity mechanism and foreign exchange market operations.