1 USD to RMB 6.4744, 1 EUR to RMB 7.7234,
100 yen to RMB 5.838 1 yuan, 1 Hong Kong dollar to RMB 0.834 1 1 yuan,
1 GBP to RMB 9.0 1 13 yuan, 1 AUD to RMB 4.9095,
1 NZD to RMB 4.5724, 1 SGD to RMB 4.8207,
1 Swiss franc to RMB 7.0520, 1 Canadian dollar to RMB 5.2548,
Rmb 1 yuan to 0.64233 ringgit, RMB 1 yuan to1.1646 Russian roubles,
Rmb 1 yuan pair 2. 1937 south African rand, RMB 1 yuan pair 174.78 won,
RMB 65,438+0 yuan to 0.56,730 UAE dirhams, RMB 65,438+0 yuan to 0.57,922 Saudi riyals,
Rmb 1 yuan to 45.5000 Hungarian forint, RMB 1 yuan to 0.585 13 Polish zloty,
Rmb 1 yuan to 0.9629 Danish kroner, RMB 1 yuan to 1.3093 Swedish kroner,
Rmb 1 yuan pair 1 .31Norwegian krone, RMB1yuan pair 1.34426 Turkish lira,
Rmb 1 yuan to 3.0653 Mexican pesos, RMB 1 yuan to 4.9244 baht.
1, balance of payments.
When a country's foreign exchange current account balance is in surplus, the supply of foreign exchange (currency) exceeds the demand of the foreign exchange market, so the local currency exchange rate rises and the foreign currency exchange rate falls; On the other hand, when a country's international expenditure exceeds its income, it will have a balance of payments deficit, which means that the supply of foreign exchange (currency) is less than the demand of the foreign exchange market, so the exchange rate of its own currency will fall and the exchange rate of foreign currency will rise.
2. The difference of inflation rate.
When inflation occurs in a country, the cost of its commodities will increase, and the price of export commodities denominated in foreign currency will inevitably rise, thus weakening the competitiveness of this commodity in the international market, leading to a decrease in exports, while improving the competitiveness of foreign commodities in the domestic market, leading to an increase in imports, thus changing the current account balance.
In addition, the difference of inflation rate will also affect the income and expenditure of capital and financial accounts by affecting people's expectations of exchange rate. On the contrary, countries with low relative inflation rates tend to appreciate their currency exchange rates.