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Market Commentary 31519
June, 2019 Data:
The 12 month forecast for the Chinese Yuan is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the Chinese
Yuan will be roughly 6.87 Chinese Yuans to the USD. The table shows a
HDTFA of 0.34 which suggests that the July, 2020 currency exchange rate
could easily fall between 7.22 and 6.53 CNY/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.
All data and calculations on this page are based on the average daily rate per
calendar month for CNY/USD.
HISTORICAL EXCHANGE RATE SUMMARY: CNY/USD
Average (Last 12 Months) 6.82
Average (Last 10 Years) 6.49
High (Last 12 Months) 6.98 (October, 2018)
Low (Last 12 Months) 6.69 (February, 2019)
High (Since January, 1981) 8.73 (April, 1994)
Low (Since January, 1981) 1.55 (January, 1981)
The Chinese Yuan exchange rate for June, 2019 averaged 6.865 CNY to USD.
That's 3.6 basis points lower than the May, 2019 rate of 6.901, and 40.5 basis
points higher than the June, 2018 rate of 6.460. The minor movement in the
CNY/USD exchange rate from May to June provides evidence that the short
term trend in CNY/USD is relatively flat. If that trend continues in the currency
market, we should see an average daily rate in July, 2019 that is close to 6.83.
The average Chinese Yuan conversion rate over the last 12 months was 6.82.
The average rate over the last 10 years was 6.49. The minimal change in the
Chinese Yuans to dollars exchange rate over the last 12 months compared to
average conversion rates over the last 10 years serve as an indicator that the
long term trend in CNY/USD is relatively flat.
The highest currency rate for CNY/USD over the last 12 months was 6.98. The
lowest was 6.69. The market high was attained in October, 2018. The market
low was achieved in February, 2019.
Forecast-Chart.com's historical research covers Chinese Yuan data back to
January, 1981. The average exchange value during that period of history was
6.17 CNY/USD. The highest rate was 8.73. The lowest was 1.55. The market
high was attained in April, of 1994. The market low was achieved in January of
1981. Recent rates experienced in June of 2019 are similar to the historical
6.17 average.
This page provides a five year chart and a forecast for the Chinese Yuan. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Chinese Yuan. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Chinese Yuan. Rate data is
presented on an annual basis.
Data Source: Board of Governors of the Federal Reserve System (US), China /
U.S. Foreign Exchange Rate [EXCHUS], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/EXCHUS
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy TermsofUse/Disclosure
June, 2019 Data:
The 12 month forecast for the Chinese Yuan is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the Chinese
Yuan will be roughly 6.87 Chinese Yuans to the USD. The table shows a
HDTFA of 0.34 which suggests that the July, 2020 currency exchange rate
could easily fall between 7.22 and 6.53 CNY/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.
All data and calculations on this page are based on the average daily rate per
calendar month for CNY/USD.
HISTORICAL EXCHANGE RATE SUMMARY: CNY/USD
Average (Last 12 Months) 6.82
Average (Last 10 Years) 6.49
High (Last 12 Months) 6.98 (October, 2018)
Low (Last 12 Months) 6.69 (February, 2019)
High (Since January, 1981) 8.73 (April, 1994)
Low (Since January, 1981) 1.55 (January, 1981)
The Chinese Yuan exchange rate for June, 2019 averaged 6.865 CNY to USD.
That's 3.6 basis points lower than the May, 2019 rate of 6.901, and 40.5 basis
points higher than the June, 2018 rate of 6.460. The minor movement in the
CNY/USD exchange rate from May to June provides evidence that the short
term trend in CNY/USD is relatively flat. If that trend continues in the currency
market, we should see an average daily rate in July, 2019 that is close to 6.83.
The average Chinese Yuan conversion rate over the last 12 months was 6.82.
The average rate over the last 10 years was 6.49. The minimal change in the
Chinese Yuans to dollars exchange rate over the last 12 months compared to
average conversion rates over the last 10 years serve as an indicator that the
long term trend in CNY/USD is relatively flat.
The highest currency rate for CNY/USD over the last 12 months was 6.98. The
lowest was 6.69. The market high was attained in October, 2018. The market
low was achieved in February, 2019.
Forecast-Chart.com's historical research covers Chinese Yuan data back to
January, 1981. The average exchange value during that period of history was
6.17 CNY/USD. The highest rate was 8.73. The lowest was 1.55. The market
high was attained in April, of 1994. The market low was achieved in January of
1981. Recent rates experienced in June of 2019 are similar to the historical
6.17 average.
This page provides a five year chart and a forecast for the Chinese Yuan. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Chinese Yuan. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Chinese Yuan. Rate data is
presented on an annual basis.
Data Source: Board of Governors of the Federal Reserve System (US), China /
U.S. Foreign Exchange Rate [EXCHUS], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/EXCHUS
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy TermsofUse/Disclosure
Chinese Yuan per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...
| Chinese Yuan to US Dollar (CNY to USD) - 5 Year History |
| 6.00 |
| 6.50 |
| 7.00 |
| 7.50 |
| 8.00 |
| 8.50 |
| Chinese Yuan Forecast Recent Currency Exchange Rates |
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Forecast & Current Analysis: Chinese Yuan (CNY)
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