Chinese Yuan Renminbi

Chinese Yuan Renminbi

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

6 Chinese Yuan Renminbi to US Dollar exchange rates chart

6 Chinese Yuan Renminbi to US Dollar exchange rates graph
6 CNY to USD exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

6 Chinese Yuan Renminbi to US Dollar exchange rates FAQs

What is 6 CNY to USD?

The meaning of 6 CNY to USD is to exchange 6 Chinese Yuan Renminbi to US Dollar by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 6 CNY to USD on the chart below.

Who can exchange 6 CNY to USD?

Anyone with 6 Chinese Yuan Renminbi can find a local bank or a bureau de change to convert into Chinese Yuan Renminbi. However, if neither CNY nor USD is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 6 CNY to USD?

Due to the nature of the forex market, the exchange rates for 6 CNY to USD is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 6 CNY to USD?

Most likely you are traveling and want to get some US Dollar cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 6 Chinese Yuan Renminbi to US Dollar. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 6 CNY to USD?

Usually you can find a local bank, post office or bureau de change to exchange 6 CNY to USD. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of US Dollar you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 6 CNY to USD?

Use the tool we provided here to find the best exchange rates for 6 Chinese Yuan Renminbi to US Dollar. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 6 CNY in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

6 Chinese Yuan Renminbi to US Dollar exchange rates table

Exchange CNY to USD
6 Chinese Yuan Renminbi = 0.851 US Dollar
12 Chinese Yuan Renminbi = 1.703 US Dollar
30 Chinese Yuan Renminbi = 4.257 US Dollar
60 Chinese Yuan Renminbi = 8.513 US Dollar
Exchange Chinese Yuan Renminbi to US Dollar
6 Chinese Yuan Renminbi to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best CNY/USD exchange rate at LA Currency in Los Angeles

6 CNY to USD exchange rates at LA Currency in Los Angeles
6 Chinese Yuan Renminbi = 0.797 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

Best CNY/USD exchange rate at Bank of China in Shanghai

6 CNY to USD exchange rates at Bank of China in Shanghai
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Beijing

6 CNY to USD exchange rates at Bank of China in Beijing
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Guangzhou

6 CNY to USD exchange rates at Bank of China in Guangzhou
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Shenzhen

6 CNY to USD exchange rates at Bank of China in Shenzhen
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Tianjin

6 CNY to USD exchange rates at Bank of China in Tianjin
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Chongqing

6 CNY to USD exchange rates at Bank of China in Chongqing
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Suzhou

6 CNY to USD exchange rates at Bank of China in Suzhou
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Wuhan

6 CNY to USD exchange rates at Bank of China in Wuhan
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Chengdu

6 CNY to USD exchange rates at Bank of China in Chengdu
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

Best CNY/USD exchange rate at Bank of China in Hangzhou

6 CNY to USD exchange rates at Bank of China in Hangzhou
6 Chinese Yuan Renminbi = 0.850 US Dollar
Bank of China
Bank of China

Bank of China Introduction Bank of China is the Bank with the longest continuous operation among Chinese banks. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the...

6 Chinese Yuan Renminbi to US Dollar news tweets

6 CNY to USD added 1 tweet
2019-08-08 22:15:15 UTC
@BitcoinCom @rogerkver Roger would you consider to pair teadings in currencies. Like $, €, £, USDT, Canadia Dollar,… https://t.co/VTDPHVBKM1
6 CNY to USD added 1 tweet
2019-08-10 00:16:43 UTC
RT @TaylorMooreK: The trade war between US & China entered a more dangerous phase on Monday, as Beijing allowed its currency to weake… https://t.co/QdxgGWF3dJ
6 CNY to USD added 1 tweet
2019-08-09 13:12:46 UTC
RT @WybrenvanHaga: You really wonder why the Chinese don't just settle for a fair trade agreement with a level playing field, reciproc… https://t.co/ZbL8oKAsHK
6 CNY to USD added 1 tweet
2019-08-09 12:50:36 UTC
RT @WybrenvanHaga: You really wonder why the Chinese don't just settle for a fair trade agreement with a level playing field, reciproc… https://t.co/ZbL8oKAsHK
6 CNY to USD added 1 tweet
2019-08-08 17:41:55 UTC
Gold is testing the top of the up-trend channel. A breakout of the 1,538.96 key level is possible if China continue… https://t.co/ctuHhau3w9
6 CNY to USD added 1 tweet
2019-08-18 00:32:57 UTC
RT @aXpire_official: We're a real business with established sources of revenue, working to "make #crypto, currency" by increasing adopti… https://t.co/UpdaerIpV4
6 CNY to USD added 1 tweet
2019-08-18 00:32:24 UTC
RT @aXpire_official: We're a real business with established sources of revenue, working to "make #crypto, currency" by increasing adopti… https://t.co/UpdaerIpV4
6 CNY to USD added 1 tweet
2019-08-18 00:31:21 UTC
RT @aXpire_official: We're a real business with established sources of revenue, working to "make #crypto, currency" by increasing adopti… https://t.co/UpdaerIpV4
6 CNY to USD added 1 tweet
2019-08-18 00:31:03 UTC
RT @amyklobuchar: Donald Trump caved to Big Oil. Again. We should be standing with our farmers, not giving secret waivers to multi-bi… https://t.co/DhgiqFhEdU
6 CNY to USD added 1 tweet
2019-08-18 00:30:35 UTC
RT @PultsJeff: We The People Demand The US Government obey their oath to The US Constitution. Use the almost 1 trillion dollar bu… https://t.co/9knWCvzWO3

6 Chinese Yuan Renminbi to US Dollar news media

6 CNY to USD added 1 medium
2019-01-20T05:35:59+01:00
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6 CNY to USD added 1 medium
2018-04-20T15:58:03+02:00
Still well kept by me, remains of travelling in 2014...and will be used soon, can’t wait! It’s not much about CNY 299 and 8 cents but not bad either for buying some snacks or souvenirs... 😅😜🤩🇨🇳 #cash #money #chinesecurrency #chineseyuan #cny #chineseyuanrenminbi #traveltoinnermongolia #innermongolia #northchina #china #eastasia #traveller #travelling #instatravel #igtravel #travelphoto #traveltheworld
6 CNY to USD added 1 medium
2019-08-02T23:00:30+02:00
#casinoextreme #walmart #usa #usdollar #digitalcurrency #lowfee
6 CNY to USD added 1 medium
2019-08-02T16:14:39+02:00
The volatility balanced long US Dollar, long T-Bond combination has broken out to new cycle highs on US Dollar and T-Bond strength. #usdollar #tariffs #tradewar #momentum #dollar #bond #sentiment #rates #qe #index #trend #yield #pairs #trend #cycle $uup $tlt
6 CNY to USD added 1 medium
2019-08-02T16:14:14+02:00
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6 CNY to USD added 1 medium
2019-08-02T07:23:16+02:00
My view on USDCAD for the week ahead. Let’s see what we can get 👽 @technicalfx #forex #forexlife #forexcourse #forexmarket #forextrader #forextrading #forexeducation #foriegnexchange #fx #fxmarket #fxtrader #fxtrading #money #dollar #currency #technicalfx #technicalanalysis #trader #fxtrader #fxteam #tfxteam #short #long #bullish #bearish #usdollar
6 CNY to USD added 1 medium
2019-08-01T17:01:40+02:00
Despite an interest rate cut by the US Federal Reserve, we find the US dollar reacting in a bullish way, as sentiment shifts towards market participants taking up long positions within the US currency. With initial insights suggesting the potential for a downward trend, the follow up statement which was released by Chairman Powell wasn’t taken to be as dovish as markets had hoped for. With the possibility of further rate cuts potentially being reduced, traders and investors alike have taken to risk off trading as a fall in global stocks followed the rise of USD across the board. Further upside will now be watched as the Dollar Basket breaks through resistance levels from its December 2018 highs. #tradersinghs #FOMC #Fed #USDollar #interestrates #UnitedStates #forex #forextrading #currencytrading #currencies

6 Chinese Yuan Renminbi to US Dollar news texts

China's currency is expected to fall below its own 'red line,' prompting more complaints from US
China's currency is expected to fall below its own 'red line,' prompting more complaints from US

Strategists expect China's weakening currency to eventually fall through a key psychological level that could spark an even steeper drop and no doubt draw a new round of criticism from the Trump administration.

10 months conditional negative

6 Chinese Yuan Renminbi to US Dollar currency converter

6 Chinese Yuan Renminbi to US Dollar exchange rates

54700 CNY to EUR
Girona, Kingdom of Spain.
54700 CNY to EUR
Girona, Kingdom of Spain.
26800 UAH to USD
Valencia, United States.
26800 UAH to USD
Valencia, United States.
1 GBP to THB
Camberwell, United Kingdom of Great Britain and Northern Ireland.
100 RON to EUR
Vancouver, Canada.
2500 QAR to INR
Doha, State of Qatar.
100 CHF to EUR
Kumanovo, Republic of Macedonia.
565 BRL to EUR
Barcelona, Kingdom of Spain.
565 BRL to EUR
Barcelona, Kingdom of Spain.
10160 JPY to EUR
Brasschaat, Kingdom of Belgium.
1 SYP to NGN
Berlin, Federal Republic of Germany.
1 SYP to NGN
Berlin, Federal Republic of Germany.
100 AUD to HRK
Narre Warren, Commonwealth of Australia.
100 USD to THB
Torrance, United States.
100 USD to THB
Torrance, United States.
100 USD to THB
Torrance, United States.
20 BBD to USD
George Town, Cayman Islands.
1 CAD to VND
Princeton, Canada.