The USD/CNY exchange rate fell to 7.1806 on July 18, 2025, down 0.04% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.08%, and is up by 1.42% over the last 12 months. Chinese Yuan - values, historical data, forecasts and news - updated on July of 2025.

China Exchange Rate: USD per National Currency data was reported at 0.138 RMB/USD in 2026. This stayed constant from the previous number of 0.138 RMB/USD for 2025. China Exchange Rate: USD per National Currency data is updated yearly, averaging 0.148 RMB/USD from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 0.529 RMB/USD in 1982 and a record low of 0.116 RMB/USD in 1994. China Exchange Rate: USD per National Currency 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. EXCH - Exchange rate, USD per national currency (1/EXCHUD)

The USD/CNY exchange rate rose to 7.1833 on July 15, 2025, up 0.14% from the previous session. Over the past month, the Chinese Yuan has weakened 0.01%, but it's up by 1.46% over the last 12 months. Chinese Yuan - values, historical data, forecasts and news - updated on July of 2025.

Prices for SGDCNY Singapore Dollar Chinese Yuan including live quotes, historical charts and news. SGDCNY Singapore Dollar Chinese Yuan was last updated by Trading Economics this July 18 of 2025.

European Union FX Reference Rate: ECB: Chinese Yuan Renminbi to Euro data was reported at 8.264 EUR/RMB in Apr 2025. This records an increase from the previous number of 7.844 EUR/RMB for Mar 2025. European Union FX Reference Rate: ECB: Chinese Yuan Renminbi to Euro data is updated monthly, averaging 7.969 EUR/RMB from Jan 2000 (Median) to Apr 2025, with 304 observations. The data reached an all-time high of 11.274 EUR/RMB in Dec 2004 and a record low of 6.671 EUR/RMB in Mar 2015. European Union FX Reference Rate: ECB: Chinese Yuan Renminbi to Euro data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s European Union – Table EU.M014: European Central Bank: Foreign Exchange Reference Rate.

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.

New Zealand ANZ Forecast: Foreign Exchange Rate: Chinese Yuan Renminbi data was reported at 4.120 NZD/RMB in Jun 2020. This records a decrease from the previous number of 4.150 NZD/RMB for Mar 2020. New Zealand ANZ Forecast: Foreign Exchange Rate: Chinese Yuan Renminbi data is updated quarterly, averaging 4.340 NZD/RMB from Sep 2015 (Median) to Jun 2020, with 20 observations. The data reached an all-time high of 5.000 NZD/RMB in Dec 2017 and a record low of 4.060 NZD/RMB in Sep 2015. New Zealand ANZ Forecast: Foreign Exchange Rate: Chinese Yuan Renminbi data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.M015: Foreign Exchange Rate: Forecast: ANZ Bank Ltd.

Prices for GBPCNY British Pound Sterling Chinese Yuan including live quotes, historical charts and news. GBPCNY British Pound Sterling Chinese Yuan was last updated by Trading Economics this July 17 of 2025.

Prices for NZDCNY New Zealand Dollar Chinese Yuan including live quotes, historical charts and news. NZDCNY New Zealand Dollar Chinese Yuan was last updated by Trading Economics this July 18 of 2025.

China Purchasing Power Parity: National Currency per USD: Double Hit Scenario data was reported at 4.188 USD/RMB in 2021. This stayed constant from the previous number of 4.188 USD/RMB for 2020. China Purchasing Power Parity: National Currency per USD: Double Hit Scenario data is updated yearly, averaging 2.810 USD/RMB from Dec 1982 (Median) to 2021, with 40 observations. The data reached an all-time high of 4.204 USD/RMB in 2018 and a record low of 1.328 USD/RMB in 1983. China Purchasing Power Parity: National Currency per USD: Double Hit Scenario 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. PPP - Purchasing power parity, national currency per USD

Prices for USDCNY US Dollar Chinese Yuan including live quotes, historical charts and news. USDCNY US Dollar Chinese Yuan was last updated by Trading Economics this July 18 of 2025.

Exchange Rate: RBA: Chinese Renminbi to Australian Dollar data was reported at 4.661 AUD/RMB in Apr 2025. This records an increase from the previous number of 4.555 AUD/RMB for Mar 2025. Exchange Rate: RBA: Chinese Renminbi to Australian Dollar data is updated monthly, averaging 4.907 AUD/RMB from Nov 1983 (Median) to Apr 2025, with 498 observations. The data reached an all-time high of 7.075 AUD/RMB in Apr 2011 and a record low of 1.787 AUD/RMB in Dec 1983. Exchange Rate: RBA: Chinese Renminbi to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Snapshot img

Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion, at a CAGR of 10.6% between 2024 and 2029.

The Foreign Exchange Market is segmented by type (reporting dealers, financial institutions, non-financial customers), trade finance instruments (currency swaps, outright forward and FX swaps, FX options), trading platforms (electronic trading, over-the-counter (OTC), mobile trading), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

China Purchasing Power Parity: National Currency per USD data was reported at 3.432 USD/RMB in 2026. This records a decrease from the previous number of 3.466 USD/RMB for 2025. China Purchasing Power Parity: National Currency per USD data is updated yearly, averaging 2.859 USD/RMB from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 4.094 USD/RMB in 2018 and a record low of 1.329 USD/RMB in 1983. China Purchasing Power Parity: 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. PPP - Purchasing power parity, national currency per USD

China Exchange Rate: USD per National Currency: Single Hit Scenario data was reported at 0.141 RMB/USD in 2021. This records a decrease from the previous number of 0.141 RMB/USD for 2020. China Exchange Rate: USD per National Currency: Single Hit Scenario data is updated yearly, averaging 0.148 RMB/USD from Dec 1982 (Median) to 2021, with 40 observations. The data reached an all-time high of 0.529 RMB/USD in 1982 and a record low of 0.116 RMB/USD in 1994. China Exchange Rate: USD per National Currency: Single Hit Scenario 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. EXCH - Exchange rate, USD per national currency (1/EXCHUD)

China Exchange Rate: National Currency per USD: Single Hit Scenario data was reported at 7.103 USD/RMB in 2021. This records an increase from the previous number of 7.071 USD/RMB for 2020. China Exchange Rate: National Currency per USD: Single Hit Scenario data is updated yearly, averaging 6.765 USD/RMB from Dec 1982 (Median) to 2021, with 40 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: Single Hit Scenario 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

Prices for HKDCNY Hong Kong Dollar Chinese Yuan including live quotes, historical charts and news. HKDCNY Hong Kong Dollar Chinese Yuan was last updated by Trading Economics this July 12 of 2025.

Forecast: Turnover of Wholesale of Commodity Exchange Markets of Transaction Value over 100 Million Yuan in China 2024 - 2028 Discover more data with ReportLinker!

FX Rate: MA: SBP: Pakistan Rupee to Chinese Yuan data was reported at 18.854 PKR/RMB in Oct 2018. This records an increase from the previous number of 18.113 PKR/RMB for Sep 2018. FX Rate: MA: SBP: Pakistan Rupee to Chinese Yuan data is updated monthly, averaging 5.260 PKR/RMB from Jan 1957 (Median) to Oct 2018, with 742 observations. The data reached an all-time high of 18.854 PKR/RMB in Oct 2018 and a record low of 1.937 PKR/RMB in Dec 1971. FX Rate: MA: SBP: Pakistan Rupee to Chinese Yuan data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.M010: Foreign Exchange Rate.

In 2018, the online retail sales value of cosmetic products in China amounted to approximately ***** billion yuan. This number was forecasted to exceed *** billion yuan by 2024. The total online and offline cosmetics retail value was projected to reach *** billion yuan by then.