According to the inquiry of China Foreign Exchange Network, at the Bretton Woods Conference 1944, the US dollar was established as the international trade settlement currency, and it was directly exchanged with gold, and the exchange ratio was 1 ounce of gold = US$ 35. However, at 197 1, US President Nixon announced that the US dollar was decoupled from gold, and the US dollar was no longer directly exchanged with gold, which dealt a great blow to the global reputation of the US dollar.

On September 8, 2023, the latest US dollar conversion result was: 1 US dollar equals 7.3432 RMB. The exchange rate fluctuates in real time. Please refer to the latest exchange rate for currency exchange.