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Currency Rate

By now on EnglishTaoBao.com the exchange rate is

1 USD = 6.00 CNY
1 CNY = 0.16666 USD

For example: 1000 CNY will be converted to USD as the amount of $166.66.

Please Note: this rate is recaculated on the currency rate and payment transaction fee rate. As online payment services such as Paypal, Google Checkout and Alertpay will charge 4-5% on transaction.

When exclude above factor EnglishTaoBao.com currency rate is equivalent to the following

1 USD = 6.00 CNY or 1 CNY = 0.16666 USD
*To know today's exact cross rates, please refer to xe.com

We will charge NO more surcharge/extra fee for those online payment methods.
We will give discount if buyer choose offline payment methods like WUMT or T/T.

Please refer to Services > Payments document for more detail info.

*This important document is to define the exchange rate for all of EnglishTaoBao's transactions. Please beware that EnglishTaoBao.com will adjust the exchange rate unscheduledly according to the currency rate changing. We will press news on homepage if this happens.

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