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Market Commentary  26185
September, 2017 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 6.58 Chinese Yuans to the USD. The table shows a
HDTFA of 0.32 which suggests that the October, 2018 currency exchange rate
could easily fall between 6.89 and 6.26 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)        6.81
Average (Last 10 Years)          6.55
High (Last 12 Months)             6.92   (December, 2016)
Low (Last 12 Months)              6.57   (September, 2017)
High (Since January, 1981)      8.73   (April, 1994)
Low (Since January, 1981)       1.55   (January, 1981)

The Chinese Yuan exchange rate for September, 2017 averaged 6.569 CNY to
USD. That's 9.8 basis points lower than the August, 2017 rate of 6.667, and
10.1 basis points lower than the September, 2016 rate of 6.670.  The fall in the
CNY/USD exchange rate from August to September provides evidence that the
short term trend in CNY/USD is down. In other words, a weakening of the US
Dollar against the Chinese Yuan in the short term. If that trend continues in the
currency market, we should see an average daily rate in October, 2017 that is
close to 6.47.

The average Chinese Yuan conversion rate over the last 12 months was 6.81.
The average rate over the last 10 years was 6.55. 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 6.92. The
lowest was 6.57. The market high was attained in December, 2016. The market
low was achieved in September, 2017.

Forecast-Chart.com's historical research covers Chinese Yuan data back to
January, 1981. The average exchange value during that period of history was
6.15 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 September of 2017 are similar to the
historical 6.15 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 - 2017; All rights reserved.







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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...
Chinese Yuan to US Dollar (CNY to USD) - 5 Year History
Chinese Yuan (CNY) Currency Exchange Forecast
Target Month
Forecast
HDTFA
Forecast for the currency exchange rate of the
Chinese Yuan for the target month indicated,
shown in Yuan per US Dollars (CNY/USD).
Oct 2018
6.58
0.32
Updated Tuesday, October 17, 2017.
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
Historical Chinese Yuan Rate (CNY)
Year
CNY/USD
Year
CNY/USD
Year
CNY/USD
Year
CNY/USD
1981
1982
1983
1984
1985
1986
1987
1988
1989
1.71
1.90
1.98
2.33
2.94
3.46
3.73
3.73
3.77
1990
1991
1992
1993
1994
1995
1996
1997
1998
4.80
5.33
5.53
5.78
8.64
8.37
8.34
8.32
8.30
1999
2000
2001
2002
2003
2004
2005
2006
2007
8.28
8.28
8.28
8.28
8.28
8.28
8.19
7.97
7.61
2008
2009
2010
2011
2012
2013
2014
2015
2016
6.95
6.83
6.77
6.46
6.31
6.15
6.16
6.28
6.64
Average annual currency exchange rate for the Chinese Yuan (Yuan per U.S. Dollar) is
shown in this table: 1981 to present.
Forecast & Current Analysis: Chinese Yuan (CNY)
1/14
1/2015
1/2016
1/2017
1/2018
1/2019
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