Currency Converter for Import and Export Businesses
Unit ConversionConvert invoice totals, purchase orders, or shipment values between currencies using real-time exchange rates, for import and export businesses.
Converted Amount
Live converted amount using the current exchange rate
Exchange Rate
1 USD = 1 CNY
Current live exchange rate between the two selected currencies
Inverse Rate
1 CNY = 1 USD
The reverse exchange rate
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Creators
Odeh Ahwal0people find this calculator helpful
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Saved
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Unit Conversion calculators
Frequently Asked Questions
How can a business reduce currency risk on international invoices?
Common approaches include invoicing in a single stable currency across all customers, using forward contracts to lock in a rate for a future payment date, or holding a foreign currency account to net incoming and outgoing payments and reduce how often conversion actually happens.
Should a purchase order lock in the current exchange rate?
That depends on the payment terms. If payment is due immediately, the current rate is the relevant one. If payment is due weeks or months later, the rate can move meaningfully in either direction by then, which is exactly the risk a forward contract is designed to remove.
Is this rate suitable for accounting or customs valuation?
This converter is intended for quick estimates and planning. Formal accounting and customs valuation typically require a specific official reference rate, such as a central bank daily rate, recorded at a specific date, which may differ from the live market rate shown here.
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