Yuan to Canadian dollars, and the line it belongs on
The invoice is a fixed number in yuan. The Canadian figure beside it changes every day it sits there.
Indicative reference rate, updated . Your payable amount is confirmed against your invoice before you fund.
100, 1,000 and 10,000 yuan to Canadian dollars at this rate
- ¥100
- ≈ $20.60
- ¥1,000
- ≈ $205.99
- ¥10,000
- ≈ $2,059.88
- $1,000.00
- ≈ ¥4,854.64
- $10,000.00
- ≈ ¥48,546.44
- $100,000.00
- ≈ ¥485,464.37
Price the invoice behind the figure
Enter the invoice in yuan and choose how you would fund it.
You send about
1,490.82 USDT
≈ $2,059.88
1 USDT ≈ ¥6.71
A CNY to CAD figure is a description, not a price. Your supplier's invoice is fixed in yuan, and converting it tells you what to put in the landed-cost sheet, what to defend to whoever signs the order off, and what to book when the payment clears. It does not tell you what the payment costs, because from Canada the funding leg is USDT or USDC in your Unigox Wallet and the delivery leg is CNY into a company account in China.
- Reference figure with a read time
- Invoice stays fixed in CNY
- Settled from USDT or USDC
One fixed number and one moving description of it
The yuan total on the invoice does not change while you shop for a route. What changes is the Canadian reading beside it, and the amount of stablecoin it takes to settle it.
- Invoice fixed in
- CNY
- You read it in
- CAD
- You settle from
- USDT · USDC
CAD
Priced in CAD, funded from USDT or USDC
USDT
Native Unigox Wallet
USDC
Native Unigox Wallet
Recipient gets
ChinaCNY
The exact yuan stated on the invoice, paid to the recipient in China.
How much is one yuan in Canadian dollars?
The figure at the top of this page is an indicative market reference, read from a live service and stamped with the time it was read in Toronto. It answers the sizing question — roughly what a yuan price comes to in money you think in — and it is the wrong instrument for the two other jobs it usually gets asked to do. It is not the rate your records should be kept at, and it is not what your payment will cost.
There is no Canadian dollar leg in this payment at all, so nothing here is a quote for one. A payable amount comes into existence inside the flow, against a specific invoice and a specific recipient, and it is denominated in the stablecoin you fund with.
From recipient details to a tracked CNY payment
- 01
Add the recipient
Choose the supported China destination and enter the recipient details exactly as provided.
- 02
Enter the CNY invoice
Add the amount, purpose, relationship and optional invoice reference before pricing.
- 03
Choose how to fund
Select USDT or USDC from your native Unigox Wallet.
- 04
Review and follow the payment
Confirm the exact source and destination amounts, then follow the status from the same flow.
Pay from where your money already is
Unigox Wallet
Choose USDT or USDC
- Choose USDT or USDC
- Review the required wallet amount
- The recipient still receives CNY
Stablecoin rates and top-ups
One invoice, two readings, and the gap between them is yours
Trade terms put time between agreeing a price and paying it. Thirty days, sixty, or however long production runs: the yuan total is settled the day you agree it, and the Canadian reading of that total keeps moving all the way to the payment. On a large order with a long lead time that drift is a real line in your margin, and it belongs in the conversation before the price is agreed rather than after the goods have shipped.
There are only a few honest things to do about it. Price the order with enough room that an ordinary move does not eat the margin. Fund earlier rather than at the last possible moment, if the reading is somewhere you are happy with. Or negotiate terms that put part of the movement on the other side of the table, which is a commercial conversation rather than a payment feature.
What nobody can do is tell you where the pair will be in November. This page publishes a reference figure with the time it was read attached to it, and no forecast; a forecast on a payment page is a product being sold to you rather than a fact being given to you.
- The yuan total is fixed the moment you agree it. Its Canadian reading is not.
- Longer terms move the reading more than short ones — the exposure is the length of the terms.
- A reference figure with no read time attached is not a figure worth quoting to anybody.
The rate for your books and the rate for your payment are different jobs
The Bank of Canada publishes an indicative exchange rate each business day, in the late afternoon Eastern time, and it exists so that a figure used in records has a single defensible source. It is not ours, it is not something to compete with, and for anything an accountant will eventually look at it is likelier to be the right reference than a number read off a payment page at an arbitrary moment.
What your records actually need is a question for whoever keeps them, and it depends on what is being recorded: the value of the goods, the cost of the payment, or both on different days. This is not the page that settles that, and a payment product handing out tax guidance in a marginal note is doing something it should not be doing.
The part we can be authoritative about is narrower and more useful. What you funded, what the supplier received, and when: that triple travels with the payment record, and it is what makes an invoice reconcile against a statement six months later without turning into an investigation.
What the yuan side actually reaches
The destination is a business bank account on the Chinese mainland, reached over CNAPS, the country's domestic clearing system. A supplier's personal account is refused, and so is an account in Hong Kong. The second one catches more Canadian buyers than the first, because an offshore account is what a good many exporters offer by reflex the moment they hear the buyer is overseas.
The details that make the payment possible are the supplier's to provide: their bank, the business account number, the company name in Latin script and again in Chinese characters, and a mainland mobile number. Each payment also declares what it is for — goods or services — and what the recipient is to you, a supplier or a service provider.
On the funding side there is one option from here and it is a stablecoin balance. A floor and a ceiling apply to each payment, both read from available liquidity at the moment you ask rather than fixed in advance, and both shown while you are still looking at a screen. A quoted figure keeps for ten minutes, which caps how stale it can be rather than holding a price for you; the amount is settled when the payout is matched.
Built for the way Canada pays China
Two things shape this flow: China is a major sourcing corridor for Canada, and the invoice at the end of it is written in yuan and paid into a mainland company account.
Yuan-to-dollar questions from the bookkeeping side
01Which rate should I keep my records at?
Ask whoever keeps them, and expect the answer to be a published daily reference rather than a payment page — the Bank of Canada publishes one each business day for exactly this purpose. What Unigox can put in your file without ambiguity is the amount you funded, the CNY the supplier received and the time it happened.
02The yuan moved between my purchase order and my payment. Who carries that?
You do, here and on any other route, because the invoice is denominated in the supplier's currency rather than yours. That is why the length of your payment terms is an exposure worth pricing during the negotiation instead of a surprise at the end of it.
03Can I ask the supplier to invoice me in Canadian dollars?
You can ask, and some will agree. It moves the conversion to their side rather than removing it, and it often costs more, because a supplier pricing currency risk they did not want will price it conservatively. It also puts the payment outside this route, which settles a CNY invoice into a mainland account.
04Is the figure at the top of the page held for me?
No. It is an indicative reference with a read time attached, not a price with your name on it. A figure with a shelf life exists only once there is an invoice and a recipient in the flow, and even that is a limit on staleness rather than a lock.
05Is there a fee to add to the total?
There is no separate fee line to add on. What the payment costs already sits inside the amount you are asked to fund, which is why the comparison that works is the CNY your supplier receives set against the total you funded.
Put the real number on the invoice, not a rounded one
Open the payment flow, add the recipient and compare USDT, USDC before funding.
Price this invoice in CNYRelated China guides
Built primarily for businesses
Built for importers and repeat supplier payers. A private individual paying a business invoice runs the same checks and gets the same quote — the recipient on this route is always a company.