Exchange rate:
1 RMB =0. 14 10 USD.
1 USD =7.0928 RMB.
It can be seen from the exchange rate system of the United States that the exchange rate system of the United States changes with the international and domestic political and economic environment; The exchange rate policy and economic strength of the United States are a powerful guarantee to support its current floating exchange rate system.
Extended data:
Procedures for changing US dollars in the bank:
1. If you want to exchange cash, you must go to the bank counter to exchange it. You need to bring your valid ID card to the counter to fill out the application for purchasing foreign exchange.
2. If the money is in the card, you can exchange it at the ATM first, and then go directly to the bank counter to withdraw it.
3. Online banking exchange: log in to online banking, select investment and wealth management, click settlement and sale of foreign exchange, select RMB to purchase foreign exchange, and then withdraw cash from the bank.
4. Airport
The international airport provides currency exchange services. The advantage is that they are close to your boarding gate and the currency is relatively new. The disadvantage is that you don't exchange money at the exchange rate, which is particularly disadvantageous. Many times they can only change $200 into 160, and airports generally don't provide small denominations.
5. International Trade City
That is, in cities with direct retail international trade, such as Suifenhe in Heilongjiang and Manzhouli in Inner Mongolia, when foreigners come to China to do business or buy goods, they will bring US dollars to exchange for RMB. The advantages are: sometimes you can exchange more dollars, which is more cost-effective than banks, and there will be large and small denominations; The disadvantage is that you must know the goods, otherwise you may get counterfeit money.
Baidu Encyclopedia-USD