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29 Chinese Yuan to US Dollars

Updated 2 minutes ago
Convert 29 CNY:USD
 CNY =
    USD
 Chinese Yuan =  US Dollars
Trending: CN¥ exchange rates for the last 24 hours
  • CNY/USD 0.138904 -0.00223097
  • CNY/EUR 0.128339 -0.00122011
  • CNY/JPY 20.927452 0.03914601
  • CNY/GBP 0.109762 -0.00198040
  • CNY/CHF 0.122305 -0.00115355
  • CNY/MXN 2.373083 -0.08144309
  • CNY/INR 11.519252 -0.24483217
  • CNY/BRL 0.685341 -0.00967988

CNY/USD exchange rate analysis over the past 90 days

Chinese Yuan to US Dollar exchange rate: Over the last 90 days, the Chinese Yuan weakened by -1.61% against the US Dollar, declining from $0.1411 to $0.1389 per Chinese Yuan. This trend reflects the evolving economic dynamics between the China and the United States. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between China and United States.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between China and United States.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the China or United States.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the China relative to the United States.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cny/usd Historical Chart

CN¥
Chinese Yuan Currency

Country: China

Symbol: CN¥

ISO Code: CNY

Bank: People's Bank of China

Interesting fact about Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, issued by the People's Bank of China. It was first introduced in 1948 and has since undergone several reforms to become more market-oriented. The Yuan is significant in China as it plays a crucial role in the country's economic growth and global trade, and it serves as a symbol of China's economic power and influence in the international marketplace.

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

Quick Conversion Guide

Frequently Asked Questions

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The Chinese Yuan to US Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 29 CNY to USD is $4.03.
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Yes, our site provides historical charts that show the trends and fluctuations in the Chinese Yuan to US Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.