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Why is foreign exchange not equal to 1 yuan?
The exchange rate between the two countries is determined by the relationship between supply and demand in the foreign exchange market. In general, the exchange rates will not be equal.

Foreign exchange refers to various means of payment expressed in foreign currency that can be used for international settlement.

In the foreign exchange market, the currencies of many countries are traded. For convenience, each currency has a standard code, namely ISO code, which consists of three English letters and is stipulated by the International Organization for Standards. The most important currency codes are as follows:

USD: USD: EUR: EUR: JPY: JPY: GBP: GBP: NZD: AUD: AUD: Canadian: Canadian: Swiss franc: Swiss franc: gold: gold.