CNY black market rate on Aug 1, 2026: 6.71 per USD
On Saturday, August 1, 2026, the US dollar traded at about 6.71 CNY on China's parallel (black) market at the close of observations. The day opened at 6.72 CNY, reached a high of 6.72 and a low of 6.71, a trading range of 0.01 CNY (0.22%).
Across 288 observations, the average price to buy dollars was 6.71 CNY and the average price received when selling dollars was 6.72 CNY. Over the session the Chinese Yuan strengthened against the dollar (-0.15% from open to close).
Official rate vs black market rate on Aug 1, 2026
The official exchange rate published for China on this date was 6.76 CNY per USD. The parallel-market close of 6.71 CNY therefore implied a premium of -0.81% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Aug 1, 2026 compares
Compared with the previous observed day (Jul 31, 2026, close 6.72 CNY), the rate moved -0.15%.
One week earlier (Jul 25, 2026) the close was 6.73 CNY, so the weekly change was -0.30%.
Thirty days earlier (Jul 2, 2026) the close was 6.76 CNY, a -0.74% move over the month.
How this daily figure is produced
ETCurrency samples China's USD/CNY parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Aug 1, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Chinese Yuan black market rate on Aug 1, 2026?
- The USD to CNY parallel market rate closed at approximately 6.71 CNY per US dollar on Saturday, August 1, 2026, after trading between 6.71 and 6.72 CNY.
- How much did the CNY move against the dollar that day?
- From an open of 6.72 to a close of 6.71 CNY, the parallel rate moved -0.15% on Aug 1, 2026.
- What was the gap between the official and black market CNY rate on that date?
- The official rate was 6.76 CNY per USD versus a parallel close of 6.71 CNY, a premium of -0.81%.
- Was the CNY black market rate higher or lower than the day before?
- Lower: the previous observed close was 6.72 CNY on Jul 31, 2026, a change of -0.15%.
Figures are aggregated parallel-market observations for China in UTC and are indicative only; they are not a quote to trade. See the full USD → Chinese Yuan history or today's live rate.