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Chinese yuan to US dollar, 1981 to 2026

Chinese yuan to US dollar, monthly, from the Federal Reserve's H.10 noon buying rates via FRED. · updated Jul 2026

About this statistic

Chinese yuan to US dollar stood at 7 in 2026, up 0.1% on the previous period.

The latest reading is 6.78 yuan per dollar, for June 2026, against 6.8 yuan per dollar in May 2026. The series is monthly (FRED series DEXCHUS) and runs from January 1981.

How it is measured

The Chinese yuan price of one US dollar, from the Federal Reserve's H.10 release. Unlike freely floating pairs, the yuan trades inside a band managed daily by the People's Bank of China, so the line reflects policy as much as markets. The data reaches us through FRED, the Federal Reserve Bank of St. Louis's data service, and originates with the Federal Reserve's H.10 noon buying rates.

What the curve shows

The rate has run between 1.55 (January 1981) and 8.73 (April 1994) yuan per dollar. Long flat stretches are the peg eras; the drifts since are managed appreciation and depreciation, each a statement of Chinese trade and monetary policy as much as a market price.

Frequently asked questions
Is the yuan freely traded?
Not fully. The People's Bank sets a daily reference rate and the onshore price trades within a band around it, so this chart mixes market pressure with policy choice.
Why does this rate matter beyond China?
It prices the largest bilateral goods trade in the world. A weaker yuan makes Chinese exports cheaper in dollars, which is why the level is perennially a trade-policy flashpoint.
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Chinese yuan to US dollar — Kitegraph