Market Commentary 13079
April, 2013 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 6.19 Chinese Yuans to the USD. The table shows a
HDTFA of 0.37 which suggests that the May, 2014 currency exchange rate
could easily fall between 6.57 and 5.82 CNY/USD. Links to Forecasts for
fourteen other currencies may be found on the left side 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) 6.28
Average (Last 10 Years) 7.30
High (Last 12 Months) 6.37 (July, 2012)
Low (Last 12 Months) 6.19 (April, 2013)
High (Since January, 1981) 8.73 (April, 1994)
Low (Since January, 1981) 1.55 (January, 1981)
The Chinese Yuan exchange rate for April, 2013 averaged 6.188 CNY to USD.
That's 2.7 basis points lower than the March, 2013 rate of 6.215, and 11.6
basis points lower than the April, 2012 rate of 6.304. The minor movement in
the CNY/USD exchange rate from March to April 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 May, 2013 that is close
to 6.16.
The average Chinese Yuan conversion rate over the last 12 months was 6.28.
The average rate over the last 10 years was 7.30. A lower Chinese Yuans to
US Dollars exchange rate over the last 12 months compared to the average
currency rates over the last 10 years serve as an indicator that the long term
rate trend in CNY/USD is down (weakening US Dollar against the Chinese
Yuan).
The highest currency rate for CNY/USD over the last 12 months was 6.37. The
lowest was 6.19. The market high was attained in July, 2012. The market low
was achieved in April, 2013.
Forecast-Chart.com's historical research covers Chinese Yuan data back to
January, 1981. The average exchange value during that period of history was
6.12 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 April of 2013 are similar to the historical 6.12
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.
In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the link titled: Strength of
the U.S. Dollar, under the CNY/USD chart (near the top of this page).
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SignalTrend Inc. 2008 - 2012, All Rights Reserved
April, 2013 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 6.19 Chinese Yuans to the USD. The table shows a
HDTFA of 0.37 which suggests that the May, 2014 currency exchange rate
could easily fall between 6.57 and 5.82 CNY/USD. Links to Forecasts for
fourteen other currencies may be found on the left side 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) 6.28
Average (Last 10 Years) 7.30
High (Last 12 Months) 6.37 (July, 2012)
Low (Last 12 Months) 6.19 (April, 2013)
High (Since January, 1981) 8.73 (April, 1994)
Low (Since January, 1981) 1.55 (January, 1981)
The Chinese Yuan exchange rate for April, 2013 averaged 6.188 CNY to USD.
That's 2.7 basis points lower than the March, 2013 rate of 6.215, and 11.6
basis points lower than the April, 2012 rate of 6.304. The minor movement in
the CNY/USD exchange rate from March to April 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 May, 2013 that is close
to 6.16.
The average Chinese Yuan conversion rate over the last 12 months was 6.28.
The average rate over the last 10 years was 7.30. A lower Chinese Yuans to
US Dollars exchange rate over the last 12 months compared to the average
currency rates over the last 10 years serve as an indicator that the long term
rate trend in CNY/USD is down (weakening US Dollar against the Chinese
Yuan).
The highest currency rate for CNY/USD over the last 12 months was 6.37. The
lowest was 6.19. The market high was attained in July, 2012. The market low
was achieved in April, 2013.
Forecast-Chart.com's historical research covers Chinese Yuan data back to
January, 1981. The average exchange value during that period of history was
6.12 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 April of 2013 are similar to the historical 6.12
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.
In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the link titled: Strength of
the U.S. Dollar, under the CNY/USD chart (near the top of this page).
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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 |
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| Chinese Yuan Currency Exchange Rate Forecast |
| 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)
U.S. Dollar Currency Exchange Rate: Four Year Forecast
Probability forecast of the currency exchange value of the U.S. Dollar relative to the currencies of a
broad group of major U.S. Trading Partners.
Strength of the U.S. Dollar
The appreciation of the US Dollar verses 15 foreign currencies for the last month, one, five and ten
year periods... A world wide currency market snapshot.
Politics and the U.S. Dollar
Does the U.S. Dollar perform better under Republicans or Democrats? The historical performance
of the U.S. Dollar and numerous other economic indexes are presented according to which party
controlled the U.S. Government.
100 Year Chart
Graph of the U. S. Dollar, stocks, home values, inflation and GNP. Numerous economic, military,
political and financial crises are shown on the chart.
Probability forecast of the currency exchange value of the U.S. Dollar relative to the currencies of a
broad group of major U.S. Trading Partners.
Strength of the U.S. Dollar
The appreciation of the US Dollar verses 15 foreign currencies for the last month, one, five and ten
year periods... A world wide currency market snapshot.
Politics and the U.S. Dollar
Does the U.S. Dollar perform better under Republicans or Democrats? The historical performance
of the U.S. Dollar and numerous other economic indexes are presented according to which party
controlled the U.S. Government.
100 Year Chart
Graph of the U. S. Dollar, stocks, home values, inflation and GNP. Numerous economic, military,
political and financial crises are shown on the chart.
| Forecasts, charts and analysis... |
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