Convert from ALL to CNY
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Understanding the World's Financial Pulse
The foreign exchange market is a global decentralized network where trillions of dollars change hands daily. It's the largest and most liquid financial market in the world, operating 24 hours a day, five days a week.
Each currency tells a unique story of its nation's economic health, political stability, and global influence. From the mighty US Dollar to the emerging market currencies, these financial instruments shape international trade, investment flows, and the daily lives of billions.
Currency Pair Heatmap
Track currency strength and weakness across major pairs. Green indicates appreciation while red shows depreciation. The percentage change is measured from 5 PM IST yesterday to now.
| USD |  GBP |  AUD |  CHF |  JPY |  CNY |  INR |  CAD | EUR | |
|---|---|---|---|---|---|---|---|---|---|
| USD | 0.000 % | -0.083 % | + 0.116 % | -0.233 % | -0.363 % | + 0.072 % | -0.090 % | -0.005 % | -0.126 % |
| GBP | -0.083 % | 0.000 % | -1.400 % | + 2.829 % | + 4.404 % | -0.872 % | + 1.095 % | + 0.059 % | + 1.525 % |
| AUD | + 0.116 % | -0.714 % | 0.000 % | -2.020 % | -3.145 % | + 0.622 % | -0.782 % | -0.042 % | -1.089 % |
| CHF | -0.233 % | + 0.353 % | -0.495 % | 0.000 % | + 1.557 % | -0.308 % | + 0.387 % | + 0.021 % | + 0.539 % |
| JPY | -0.363 % | + 0.227 % | -0.318 % | + 0.642 % | 0.000 % | -0.198 % | + 0.249 % | + 0.013 % | + 0.346 % |
| CNY | + 0.072 % | -1.147 % | + 1.607 % | -3.246 % | -5.053 % | 0.000 % | -1.256 % | -0.068 % | -1.750 % |
| INR | -0.090 % | + 0.913 % | -1.279 % | + 2.584 % | + 4.022 % | -0.796 % | 0.000 % | + 0.054 % | + 1.393 % |
| CAD | -0.005 % | + 16.889 % | -23.651 % | + 47.782 % | + 74.379 % | -14.719 % | + 18.493 % | 0.000 % | + 25.757 % |
| EUR | -0.126 % | + 0.656 % | -0.918 % | + 1.855 % | + 2.888 % | -0.571 % | + 0.718 % | + 0.039 % | 0.000 % |
Currency News & Analysis
CNY: China's 'global renminbi' moment – ING
Meet syracuse.com’s All-Central New York player of the year finalists for the 2024-25 season
The Digital Yuan App - All You Need to Know About the New E-CNY Tool
Calling all CNY Bills fans: ‘Shout!’ podcast to go live from Turning Stone (Letter from the Editor)
Explainer: the PBOC USD/CNY fix and how it impacts FX m
All-CNY High School Sports Awards finalists announced; Get your tickets for the show
Watch the 2024 All-CNY high school sports awards show (video)
At least 11 members of high school sports team face charges (Good Morning CNY for April 30)
All-CNY sports awards: And the winners are …
Overheard at syracuse.com’s All-CNY basketball photo shoot: ‘Just shock and awe’ (41 photos, video)
Frequently Asked Questions
Get answers to common questions about currency exchange and trading
What factors influence exchange rates?
Exchange rates are influenced by multiple factors including interest rates, inflation, political stability, economic performance, government debt, and terms of trade. Central bank decisions and geopolitical events can also have significant impacts on currency values.
What is the spread in currency trading?
The spread is the difference between the buying (ask) and selling (bid) price of a currency pair. It represents the cost of trading and is how many brokers make their money. Typically, more liquid currency pairs have lower spreads.
When is the forex market open?
The forex market is open 24 hours a day, five days a week. Trading begins in Sydney, then moves to Tokyo, London, and New York. The most active trading periods are when multiple major markets overlap.
What is leverage in forex trading?
Leverage allows traders to control a large position with a small amount of capital. For example, 50:1 leverage means you can control $50,000 with $1,000. While leverage can amplify profits, it also increases potential losses.
How do I read currency pairs?
Currency pairs show how much of the quote currency (second currency) is needed to purchase one unit of the base currency (first currency). For example, in EUR/USD, EUR is the base currency and USD is the quote currency.
What is technical analysis?
Technical analysis involves studying price charts and using statistical indicators to determine future currency movements. Common tools include moving averages, relative strength index (RSI), and Fibonacci retracements.