The USD/CNY exchange rate fell to 7.1809 on June 9, 2025, down 0.13% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.27%, and is up by 1.18% over the last 12 months. Chinese Yuan - values, historical data, forecasts and news - updated on June of 2025.

Graph and download economic data for Financial Market: Real Effective Exchange Rates: CPI Based for China (CCRETT01CNQ661N) from Q1 1970 to Q1 2025 about China, exchange rate, currency, CPI, manufacturing, real, rate, price index, indexes, and price.

Key information about China Exchange Rate against USD

• China Exchange Rate against USD averaged 6.985 (USD/RMB) in May 2023, compared with 6.888 USD/RMB in the previous month.
• China Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 8.725 in Apr 1994 and a record low of 1.452 in Jul 1980.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Exchange Rate against USD prior to January 1981 is sourced from the International Monetary Fund.


Key information about China Exchange Rate against USD

• In the latest reports, China Short Term Interest Rate: Month End: SHIBOR: 3 Months was reported at 2.219 % pa in May 2023.
• Its Long Term Interest Rate (Treasury Bond Yield: Interbank: Spot Yield: 10 year) was reported at 2.706 % pa in May 2023.
• The cash rate (Policy Rate: Month End: China: Rediscount Rate) was set at 2.650 % pa in Jun 2023.

In Decembere 2024, the transaction volume of foreign exchange options in China amounted to around 138 billion U.S. dollars. The foreign exchange option products were first introduced to China's financial market in 2011.

China Exchange Rate: National Currency per USD data was reported at 7.233 USD/RMB in 2026. This stayed constant from the previous number of 7.233 USD/RMB for 2025. China Exchange Rate: National Currency per USD data is updated yearly, averaging 6.769 USD/RMB from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 8.640 USD/RMB in 1994 and a record low of 1.893 USD/RMB in 1982. China Exchange Rate: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Exchange Rate: Forecast: Non OECD Member: Annual. EXCHUD - Exchange rate, national currency per USD

Graph and download economic data for Chinese Yuan Renminbi to U.S. Dollar Spot Exchange Rate (DEXCHUS) from 1981-01-02 to 2025-05-30 about China, exchange rate, currency, rate, and USA.

China's main stock market index, the SHANGHAI, rose to 3385 points on June 6, 2025, gaining 0.04% from the previous session. Over the past month, the index has climbed 1.28% and is up 10.95% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on June of 2025.

Foreign Exchange Reserves in China increased to 3285000 USD Million in May from 3282000 USD Million in April of 2025. This dataset provides - China Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In April 2025, the value of transactions in China's foreign exchange market amounted to around **** trillion U.S. dollars. The transactions include the trade of spots, forwards, foreign exchange, and currency swaps and options.

Key information about China Real Effective Exchange Rate

• China Real Effective Exchange Rate (REER: 2005=100: Month Avg: China) was 135.9 in Jan 2025, compared with the number of 135.3 in the previous month.
• China Real Effective Exchange Rate data is updated monthly and averaged 157.3 from Jan 1994 to Jan 2025.
• The data reached an all-time high of 157.3 in Mar 2022 and a record low of 78.1 in Jan 1994.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. Bank for International Settlements provides Real Effective Exchange Rate Index with base 2020=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about China Real Effective Exchange Rate

• In the latest reports, China Short Term Interest Rate: Month End: SHIBOR: 3 Months was reported at 1.7 % pa in Jan 2025.
• The cash rate (Policy Rate: Month End: China: Rediscount Rate) was set at 2.6 % pa in Jun 2023.
• China Exchange Rate against USD averaged 7.2 (USD/RMB) in Jun 2023.

In April 2025, the exchange rate of yuan to U.S. dollar was ****. In the past decades, the yuan has undergone a slow liberalization, being increasingly exposed to the international money market. FOREX history of the Renminbi After the Communist Party took control over China, it introduced a unified currency which has since then undergone many changes. During the planned economy, the yuan had a fixed exchange rate. At the time, the currency’s exchange rate was deliberately set high to support the industrial development, which relied on imports. After the country committed to opening its economy, the Renminbi was gradually exposed to the supply and demand of the global FOREX markets. Until 2005, the yuan remained pegged to the U.S. dollar. Currency manipulator, or not? As China manifested its role in the global economy, the country was repeatedly accused of manipulating the value of its currency. Especially, voices from the United States claimed that Beijing would intentionally keep the value of the yuan low. A cheap Renminbi would make products from China more attractive for foreign buyers which in turn would support the country’s export-driven economy. However, currency manipulation is difficult to make out and even harder to prove, which is why no significant actions have been taken.

Real Effective Exchange Rate in China was reported at 114 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Real Effective Exchange Rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Real effective exchange rate index (2010 = 100) in China was reported at 116 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Real effective exchange rate index (2000 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

China RMB Exchange Rate Index: BIS Currency Basket data was reported at 106.200 31Dec2014=100 in Feb 2025. This records a decrease from the previous number of 106.790 31Dec2014=100 for Jan 2025. China RMB Exchange Rate Index: BIS Currency Basket data is updated monthly, averaging 100.000 31Dec2014=100 from Dec 2014 (Median) to Feb 2025, with 113 observations. The data reached an all-time high of 108.560 31Dec2014=100 in Mar 2022 and a record low of 93.320 31Dec2014=100 in May 2017. China RMB Exchange Rate Index: BIS Currency Basket data remains active status in CEIC and is reported by China Foreign Exchange Trading Center. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MD: Exchange Rate Index. Currency Weights since 01/01/2024 BIS EUR : 0.18506899736444400 USD : 0.18460122883316000 JPY : 0.11524565521951400 KRW : 0.08826950625282160 TWD : 0.06197823594867210 SGD : 0.02891000823008740 INR : 0.02753475576382290 GBP : 0.02680017251614000 MXN : 0.02519890772334000 THB : 0.02243524472198920 MYR : 0.02176131047080000 CAD : 0.01774031956543750 RUB : 0.01653342735462010 IDR : 0.01634576124155300 AUD : 0.01427201223607910 CHF : 0.01424590574901120 BRL : 0.01163089853033020 PLN : 0.01078005145716840 PHP : 0.01027074142357220 AED : 0.00960274997999030 SAR : 0.00934302657628649 HKD : 0.00905640391721785 CZK : 0.00836370682892495 TRY : 0.00800686570123551 SEK : 0.00748915539437303 CLP : 0.00730337228039542 ZAR : 0.00516753668762861 ILS : 0.00481173517364552 HUF : 0.00459649157649469 DKK : 0.00374951341574010 ARS : 0.00331598622109641 RON : 0.00304192411066358 PEN : 0.00298861251706126 NOK : 0.00290881879419636 COP : 0.00264287761527517 NZD : 0.00230881154581832 DZD : 0.00168987056290650 MAD : 0.00146353317305423 BGN : 0.00109970356377824 RSD : 0.00071647923159483 BAM : 0.00027815925029962 MKD : 0.00024645314347687 ISK : 0.00018507213628403 Currency Weights BIS: USD/CNY 0.178 EUR/CNY 0.187 JPY/CNY 0.141 HKD/CNY 0.008 GBP/CNY 0.029 AUD/CNY 0.015 NZD/CNY 0.002 SGD/CNY 0.027 CHF/CNY 0.014 CAD/CNY 0.021 CNY/MYR 0.022 CNY/RUB 0.018 CNY/THB 0.021 2 CNY/AED 0.007 CNY/ARS 0.004 CNY/BGN 0.001 CNY/BRL 0.014 CNY/CLP 0.009 CNY/COP 0.003 CNY/CZK 0.007 CNY/DKK 0.004 CNY/DZD 0.001 CNY/HRK 0.001 CNY/HUF 0.004 CNY/IDR 0.013 CNY/ILS 0.004 CNY/INR 0.022 CNY/KRW 0.085 CNY/MXN 0.023 CNY/NOK 0.004 CNY/PEN 0.003 CNY/PHP 0.007 CNY/PLN 0.009 CNY/RON 0.002 CNY/SAR 0.01 CNY/SEK 0.008 CNY/TRY 0.008 CNY/TWD 0.056 CNY/VEF 0.002 CNY/ZAR 0.006

Nominal Effecive Exchange Rate in China was reported at 126 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Nominal Effecive Exchange Rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In December 2024, the value of transactions in China's forward foreign exchange market amounted to approximately 54 billion U.S. dollars. Compared to the forward market, the spot market is much larger in terms of foreign exchange transactions in China.

Graph and download economic data for Financial Market: Real Effective Exchange Rates: CPI Based for China (CCRETT01CNM661N) from Jan 1970 to Apr 2025 about China, exchange rate, currency, CPI, manufacturing, real, rate, price index, indexes, and price.

The Securities Exchanges industry in China has displayed extreme volatility over the past five years. The uncertainty brought about by the COVID-19 pandemic, the international political geopolitical crisis and the fluctuation of the international financial market has led to the volatility of industry revenue.In the past five years, the total trading volume of stocks, futures and bonds has increased, which enables industry operators to obtain more transaction costs, which is the largest source of income of the exchange. Overall, industry revenue is expected to rise at an annualized 14.5% over the five years through 2025. This includes an anticipated revenue increase of 10.7% in the current year.With additional regulations and legislation, and further product innovation, China’s securities markets are forecast to continue developing. The comprehensive implementation of the registration system reform has led to the influx of new listed companies into the securities market, resulting in an increase in market activity. Industry revenue is forecast to grow at an annualized 9.1% over the five years through 2030. Since the establishment of new institutions needs to be approved by the State Council, the number of enterprises and establishment in the industry is almost unchanged. The number of enterprises and establishment will remain constant in the next five years. Although no new securities exchanges are anticipated to enter the market over the period, existing exchanges are projected to introduce more products. For example, more financial derivatives, such as treasury futures, will likely be available to trade on financial futures exchanges.

View LSEG's China Financial Futures Exchange (CFFEX) dataset, specialising in equity, interest rate and foreign exchange derivative product lines.

China: Exchange rate regimes: The latest value from 2022 is 6 index points, an increase from 5 index points in 2021. In comparison, the world average is 5 index points, based on data from 186 countries. Historically, the average for China from 1999 to 2022 is 5 index points. The minimum value, 3 index points, was reached in 1999 while the maximum of 6 index points was recorded in 2008.