China: USD exchange rate

The currency chart for China shows historical data for the Chinese Renminbis per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Chinese Renminbis per USD. Depreciation implies that goods from China become cheaper to export and it becomes cheaper for foreigners to visit China.

The series for China are available from April 2002 to September 2024. For that period, the average exchange rate for China was 7.0186 Chinese Renminbis per USD with a minimum of 6.0515 Chinese Renminbis per USD in January 2014 and a maximum of 8.2782 Chinese Renminbis per USD in April 2004. The most recent available data point is 7.0743 Chinese Renminbis per USD, a change of -1.01% from the previous data point of 7.1467 Chinese Renminbis per USD and a change of -2.87% from a year ago when the level was 7.2832 Chinese Renminbis per USD.

Currency values in China and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.