Last updated: Nov 5, 2025, 11:59 PM UTC
Context Information
Local Purchasing Power
¥7.13 ≈
- 2.4 subway rides in Beijing 🚇
- 0.5 servings of street food in Beijing 🥟
- 0.3 cups of bubble tea in Beijing 🧋
30-Day Trend
USD to RMB is 0.101% stronger than 30 days ago
7-Day Trend
Exchange rate movement over the past week
Understanding USD to RMB Exchange Rates
The Chinese Renminbi (RMB), also known as the Chinese Yuan (CNY), is the official currency of China. RMB and CNY are interchangeable terms referring to the same currency - RMB is the currency name while CNY is the ISO code. USD/RMB exchange rates are heavily influenced by People's Bank of China (PBOC) monetary policy, US-China trade relations, foreign exchange reserves management, China's economic growth, and capital flow controls. The yuan is managed within a trading band by the PBOC, making it less volatile than free-floating currencies but still subject to market forces and policy decisions.