China Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
China's exchange rate was 7.24 in 2025, ranked 109th globally. This represents a 0.6% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
China's exchange rate stood at 7.24 in 2025, a rise of +0.04 from 2024. Based on recent trends, this figure is projected to reach 7.24 by 2025. China ranked 109th globally.
China’s exchange rate has risen from an early‑record 2.46 in 1960 to 7.24 in 2025, placing it 109th among 190 economies in the World Bank series. The currency’s most pronounced appreciation occurred in 1994 when the rate peaked at 8.62, while the deepest depreciation was recorded in 1980 at 1.50. Over the 66‑year coverage, the trajectory has been upward‑sloping, reflecting successive reforms, trade liberalisation and managed float adjustments. Compared with peers of similar rank, China’s 2025 level of 7.24 is slightly below Hong Kong SAR’s 7.84 and above Denmark’s 7.13, suggesting a moderate relative strength in the East Asian cluster. The long‑run pattern indicates that further market‑oriented reforms, capital account liberalisation or shifts in monetary policy could accelerate appreciation, whereas external shocks or policy re‑anchoring might temper the upward trend.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 7.49 | - | - |
| 2026* trend | 7.37 | - | - |
| 2025* trend | 7.24 | - | - |
| 2025 | 7.24 | +0.04 | #109 |
| 2024 | 7.20 | +0.11 | #98 |
| 2023 | 7.08 | +0.35 | #97 |
| 2022 | 6.74 | +0.29 | #91 |
| 2021 | 6.45 | −0.45 | #96 |
| 2020 | 6.90 | −0.01 | #96 |
| 2019 | 6.91 | +0.29 | #97 |
| 2018 | 6.62 | −0.14 | #96 |
| 2017 | 6.76 | +0.11 | #97 |
| 2016 | 6.64 | +0.42 | #95 |
| 2015 | 6.23 | +0.08 | #97 |
| 2014 | 6.14 | −0.05 | #101 |
| 2013 | 6.20 | −0.12 | #104 |
| 2012 | 6.31 | −0.15 | #105 |
| 2011 | 6.46 | −0.31 | #107 |
Detected Pattern
Analysis
China matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
China's exchange rate was 7.24 in 2025. Ranked 109th globally. This represents a 0.6% increase from the previous year.
China's exchange rate peaked at 8.62 in 1994.
The lowest exchange rate in China was 1.50 in 1980.
China ranks 109th globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
China's exchange rate is projected to reach 7.24 by 2025 based on trend extrapolation.
The exchange rate of China in 2025 was 7.24. This ranks 109th in the world.
Cite this page
@misc{historysaid_china_exchange-rate,
title = {China Exchange Rate},
url = {https://historysaid.com/china/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}