Chinese Yuan to US Dollar | Bank

The Chinese Yuan (CNY) is the official currency of the People's Republic of China, also known as Renminbi (RMB). It is used for all domestic transactions in mainland China.

The US dollar (USD) is the official currency of the United States of America (USA). It is the most widely used currency in international transactions and is the world's reserve currency. The US dollar is issued by the Federal Reserve System (Fed) and is divided into 100 cents. It is known for its stability and global influence in the financial markets.