The invention discloses a magnetorheological fluid continuously variable transmission and belongs to the technical field of transmissions. The magnetorheological fluid continuously variable transmission comprises a magnetorheological fluid transmission device and a rotation speed adjusting circuit; and the rotation speed adjusting circuit comprises a rotation speed sensor, a magnet exciting coil, a voltage amplifier, a speed adjusting resistor R1, a resistive divider R2, a current limiting resistor R3, a resistor R4, a resistor R5, a filter capacitor C1, a negative feedback capacitor C2, a positive feedback capacitor C3, a transistor Q1, a Darlington transistor Q2, a fly-wheel diode D1, a voltage-regulator diode ZD1, a switch SW and a direct current power supply BAT. The magnetorheological fluid continuously variable transmission has the advantages of simple structure, small size, high reliability, strong stability, good effect of controlling rotation speed and high accuracy.