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AED to CNY - Rate Guide

United Arab Emirates Dirham to Chinese Yuan exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AED/CNY update & alerts

1 AED = 1.8886 CNY

Sell AED - Buy CNY  Invert

AED to CNY - Trading Range (90 Day)
90-DAY LOW (7d)
AED/CNY at 1.8886 is trading 0.9% below the 90-day average 1.9065 with a range 1.8675 to 1.9313. There are no current rate alerts.
26-Jan-2020 16:NY 21:LON 08:SYD+1d

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AED/CNY Exchange Rates and Providers Compared

This guide to the United Arab Emirates Dirham to Chinese Yuan exchange rate with 90-day chart & alerts, historic rates, forecasts and AED to CNY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AED/CNY Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AED/CNY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AED to CNY International Money Transfers

  

Foreign Transfer ProvidersReceive CNY(¥)Exchange RateFee AEDTotal CostDeal Links
OFX logo
¥18,6591.86590 for BER users (normally $15)1.2%
TorFX logo
¥18,6411.864101.3%
National Bnk Abu Dhabi International Money Transfers
National Bnk Abu Dhabi logo
¥17,8421.784205.53%
HSBC logo
¥17,8151.7842د.إ155.67%
Banks - Average Rate
Citibank logo HSBC logo
¥17,7361.7760156.09%
Citibank International Money Transfers
Citibank logo
¥17,6571.7678126.51%
WorldRemit logo
Your amount above the WorldRemit AED2000 maximum
 
OFX logo
OFX: Foreign Transfer AED→CNY
From Amount (AED)د.إ10,000
Fee:0 for BER users (normally $15)
Exchange Rate:1.8659 (1.2% from mid-rate)
To Amount (CNY) ¥18,659
Total Cost:1.2%
Time:
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer AED→CNY
From Amount (AED)د.إ10,000
Fee:0
Exchange Rate:1.8641 (1.3% from mid-rate)
To Amount (CNY) ¥18,641
Total Cost:1.3%
Difference:
¥18 CNY less than using OFX
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
National Bnk Abu Dhabi logo
National Bnk Abu Dhabi: Foreign Transfer AED→CNY
From Amount (AED)د.إ10,000
Fee:
Exchange Rate:1.7842 (5.53% from mid-rate)
To Amount (CNY) ¥17,842
Total Cost:5.53%
Difference:
¥817 CNY less than using OFX
Time:1:12 Local
Transfer Speed:
Services:
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer AED→CNY
From Amount (AED)د.إ10,000
Fee:د.إ15 AED (.15%)
Exchange Rate:1.7842 (5.53% from mid-rate)
To Amount (CNY) ¥17,815
Total Cost:5.67%
Difference:
¥844 CNY less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AED→CNY
From Amount (AED)د.إ10,000
Fee:15
Exchange Rate:1.8043 (4.46% from mid-rate)
To Amount (CNY) ¥17,736
Total Cost:6.09%
Difference:
¥923 CNY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Citibank logo
Citibank: Foreign Transfer AED→CNY
From Amount (AED)د.إ10,000
Fee:12
Exchange Rate:1.7678 (6.4% from mid-rate)
To Amount (CNY) ¥17,657
Total Cost:6.51%
Difference:
¥1,002 CNY less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer AED→CNY
From Amount (AED)د.إ10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 01/27/2020 - See full table

AED and CNY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AED vs CNY, you should pay attention to the recent market trends for both currencies.

United Arab Emirates Dirham (AED)

All the Gulf Cooperation Council (GCC) countries, excluding Kuwait, have their currencies pegged to the US dollar. The UAE dirham has been fixed at a rate of around 3.6725 to $1 since 1997.

 

Chinese Yuan (CNY)

In early August the offshore yuan surged to a decade high of 7.05 per US dollar, breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Increasingly, the yuan is being used as a barometer for progress made on US-China trade talks.

Trade tensions have ramped up again since May when President Trump announced higher tariffs on Chinese goods, after China retaliated with tariffs of its own, and then after Trump placed Huawei on the "entity list," thereby making it impossible for the tech giant to do business with US firms.

Why can't I just get the AED/CNY market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AED / CNY was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AED Exchange Rates