China Merchants Bank Foreign Exchange Rate
Last Updated: 2026-05-21 13:50:42
| Currency | Spot Exchange Buy | Spot Cash Buy | Spot Exchange Sell | Spot Cash Sell | Mid Rate | Reference Rate |
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Exchange Rate Explanation
The exchange rate, also known as the foreign exchange rate, is the ratio or price at which one currency can be exchanged for another; or the price of one currency expressed in terms of another currency.
The exchange rates on this site are all for 100 foreign currency units to RMB.
Spot Exchange Buy Rate
The price at which a bank buys foreign currency bills from customers.
Spot Cash Buy Rate
The price at which a bank directly buys foreign currency cash from customers. Cash can be withdrawn.
Spot Sell Rate
The price at which customers buy foreign currency and foreign currency cash from the bank.
Typically: Spot Cash Buy Rate < Spot Exchange Buy Rate < Spot Exchange Sell Rate ≤ Spot Cash Sell Rate