In an increasingly interconnected global economy, currency exchange rates have become a critical concern for international transactions and travelers. The exchange rate between the US dollar and Chinese renminbi (RMB) holds particular significance, serving as both a reflection of market dynamics and a key factor in economic interactions between the world's two largest economies.
As of the latest data from August 10, 2025, at 18:39 UTC, the exchange rate stands at 7.18385 RMB per US dollar. This means that 10 US dollars convert to approximately 71.83 RMB. Conversely, 1 RMB is equivalent to about 0.139201 US dollars, providing a complete picture of the reciprocal relationship between the two currencies.
Recent Exchange Rate Fluctuations
Analysis of recent exchange rate data reveals notable volatility in the USD-RMB pairing:
- 7-day range: 7.1790 (low) to 7.2121 (high)
- 30-day range: 7.1546 to 7.2121
- 90-day range: 7.1546 to 7.2336
These fluctuations demonstrate the sensitivity of currency markets to various economic factors. The average exchange rates during these periods were:
- 7.1899 (7-day average)
- 7.1797 (30-day average)
- 7.1843 (90-day average)
The volatility metrics show changes of 0.18% over the past week, 0.12% over the past month, and 0.11% over the past quarter, indicating relatively stable but dynamic market conditions.
Key Factors Influencing Exchange Rates
Several fundamental elements contribute to the ongoing fluctuations in the USD-RMB exchange rate:
Economic indicators from both nations, particularly US employment reports and China's GDP growth figures, frequently trigger immediate market reactions. Monetary policy decisions by the Federal Reserve and People's Bank of China create ripple effects across currency markets, while broader geopolitical developments and international trade relations continue to shape investor sentiment.
Market psychology and speculative trading activity often amplify these fundamental drivers, particularly during periods of heightened uncertainty or significant policy announcements.
For businesses engaged in cross-border trade, international investors, and even casual travelers, understanding these exchange rate dynamics has become an essential financial skill. As global economic conditions evolve and central banks adjust their monetary policies, the USD-RMB exchange rate will undoubtedly continue its dynamic dance, reflecting the complex interplay of these numerous influencing factors.