Chinese Yuan / US Dollar Exchange Rate

Chinese yuan renminbi per one US dollar, spot exchange rate, from the Federal Reserve's H.10 Foreign Exchange Rates release.

6.73

Yuan per US Dollar

Updated 2026-08-28 · daily Stable

Chinese Yuan / US Dollar Exchange Rate — latest reading: 6.73 yuan per us dollar. As of August 2026, it is down 0.3% over the past 12 months, below its 10-year average. Source: DEXCHUS, Federal Reserve Board, published daily. Reported as published, without transformation; the publisher may revise it.

Min

6.04

Max

7.95

Average

6.76

10Y Percentile

30%

3M Change

+0.1%

Aug 2026 · 6.73 Yuan per US Dollar
NBER recession periods

Chinese Yuan / US Dollar Exchange Rate (DEXCHUS) — 5000 observations from 2006-09-13 to 2026-08-28. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.

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Revisions

None. Across the 12 most recent prints held in the vintage archive, Chinese Yuan / US Dollar Exchange Rate was published once each and never restated. Market series behave this way; survey and sample-based statistics generally do not. How this is computed.

Macro Regime Context

The market regime is currently neutral (60% confidence).

See what this means across all four regime dimensions →

3-Month

+0.1%

6-Month

+0.1%

12-Month

-0.3%

What this means

Chinese Yuan / US Dollar Exchange Rate is currently at 6.73 yuan per us dollar, which is below its 10-year historical average. The trend is stable (+0.1% over the past 3 months).

Over the past 6 months the change is +0.1%, and over 12 months it is -0.3%. The short-term pace is consistent with the longer trend.

Frequently Asked Questions

What is the USD/CNY exchange rate?

USD/CNY is the number of Chinese yuan (renminbi) one US dollar buys. A rising number means a weaker yuan. The rate shown here is the noon spot rate reported in the Federal Reserve's H.10 release.

Is the yuan a freely floating currency?

No. The People's Bank of China manages the yuan within a daily trading band around a reference fix, so USD/CNY moves more gradually than freely floating pairs. Because of that management, sustained moves in the rate have often been read as deliberate policy shifts rather than pure market repricing.

Why does USD/CNY matter for US-focused investors?

China is the largest US goods trading partner, so the yuan's level feeds into import prices and the competitiveness of US exporters. Historically, notable yuan depreciations — such as August 2015 — have coincided with bouts of volatility in global equity and commodity markets.

Cite this page

MacroRadar, "Chinese Yuan / US Dollar Exchange Rate," https://www.macroradar.io/usd-cny (as of August 2026).