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AUD to CNY - Rate Guide

Australian Dollar 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.

 

AUD/CNY update & alerts

1 AUD = 4.7152 CNY

Sell AUD - Buy CNY  Invert

AUD to CNY - Trading Range (90 Day)
ALERT: 90-DAY LOWS 🔔 |
AUD/CNY at 4.7165 is trading 2% below the 90-day average 4.8109 with a range 4.7165 to 4.8868. ALERT: AUD/CNY has dropped to 90-DAY LOWS.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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AUD/CNY Exchange Rates and Providers Compared

This guide to the Australian Dollar to Chinese Yuan exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD 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 AUD/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 AUD/CNY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AUD to CNY International Money Transfers

  

Foreign Transfer ProvidersReceive CNY(¥)Exchange RateFee AUDTotal CostDeal Links
TorFX logo
¥45,270
Best Overall
4.52703.99%
OFX (OzForex) logo
¥45,315
¥45 more
4.53150^3.9%
WorldFirst logo
¥46,916
¥1,646 more
4.691600.5%
Commonwealth Bank (CBA) logo
¥45,203
¥67 less
4.5236 4.13%
National Australia Bank (nab) logo
¥44,949
¥321 less
4.5048224.67%
Westpac logo
¥44,830
¥440 less
4.492204.92%
Banks - Average Rate
Westpac logo National Australia Bank (nab) logo Commonwealth Bank (CBA) logo Bank of Queensland logo
¥44,558
¥712 less
4.4645155.5%
Bank of Queensland logo
¥43,250
¥2,020 less
4.338308.28%
 
TorFX logo
TorFX: Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:4.5270 (3.99% from mid-rate)
To Amount (CNY) ¥45,270
Total Cost:3.99%
Time:6:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX (OzForex) logo
OFX (OzForex): Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:4.5315 (3.9% from mid-rate)
To Amount (CNY) ¥45,315
Total Cost:3.9%
Difference:
¥45 CNY more than using TorFX
Time:
Rate Fetched: Sat Jan 18 2020 06:00:57 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:
Exchange Rate:4.6916 (0.5% from mid-rate)
To Amount (CNY) ¥46,916
Total Cost:0.5%
Difference:
¥1,646 CNY more than using TorFX
Time:6:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:4.523 (4.08% from mid-rate)
To Amount (CNY) ¥45,203
Total Cost:4.13%
Difference:
¥67 CNY less than using TorFX
Time:
Rate Fetched: website - Sat Jan 18 2020 05:02:01 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
National Australia Bank (nab) logo
National Australia Bank (nab): Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:4.5048 (4.46% from mid-rate)
To Amount (CNY) ¥44,949
Total Cost:4.67%
Difference:
¥321 CNY less than using TorFX
Time:
Rate Fetched: website - Sat Jan 18 2020 05:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Westpac logo
Westpac: Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:4.492 (4.73% from mid-rate)
To Amount (CNY) ¥44,830
Total Cost:4.92%
Difference:
¥440 CNY less than using TorFX
Time:
Rate Fetched: website - Fri Jan 17 2020 21:30:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:4.4929 (4.71% from mid-rate)
To Amount (CNY) ¥44,558
Total Cost:5.5%
Difference:
¥712 CNY less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of Queensland logo
Bank of Queensland: Foreign Transfer AUD→CNY
From Amount (AUD)A$10,000
Fee:30
Exchange Rate:4.3380 (8% from mid-rate)
To Amount (CNY) ¥43,250
Total Cost:8.28%
Difference:
¥2,020 CNY less than using TorFX
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 
Snapshot 01/18/2020 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount CNY(¥)Exchange RateFee AUDTotal CostDeal Links
ANZ Bank logo
¥4,518.85
Compare
4.5645A$104.16%
Foreign Xchange logo
¥4,514.8
¥4.05 less
4.5148$10 Home Delivery & AusPost collect4.25%
Commonwealth Bank (CBA) logo
¥4,451.83
¥67 less
4.4968A$105.59%
Westpac logo
¥4,447.08
¥72 less
4.492A$105.69%
 
ANZ Bank logo
ANZ Bank: Travel Money AUD→CNY
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:4.5645 (3.2% from mid-rate)
To Amount (CNY) ¥4,518.85
Total Cost:4.16%
Time:
Rate Fetched: website - Sat Jan 18 2020 05:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 
Foreign Xchange logo
Foreign Xchange: Travel Money AUD→CNY
From Amount (AUD)A$1,000
Fee:$10 Home Delivery & AusPost collect, No other Fees
Exchange Rate:4.5148 (4.25% from mid-rate)
To Amount (CNY) ¥4,514.8
Total Cost:4.25%
Time:6:01 Local
Currency Services:Order online. Home Delivery and Australia Post Collection for a flat $10 fee
Delivery/Collect:3 business days
Rating:
 
: 4/5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Travel Money AUD→CNY
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:4.4968 (4.63% from mid-rate)
To Amount (CNY) ¥4,451.83
Total Cost:5.59%
Time:
Rate Fetched: website - Sat Jan 18 2020 05:02:01 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
Westpac logo
Westpac: Travel Money AUD→CNY
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:4.492 (4.73% from mid-rate)
To Amount (CNY) ¥4,447.08
Total Cost:5.69%
Time:
Rate Fetched: website - Fri Jan 17 2020 21:30:03 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 01/18/2020 - See full table

AUDCNY blended flags

AUD and CNY in the Markets

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

Australian Dollar (AUD)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

 

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 AUD/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 AUD / 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.

AUDCNY blended flags

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 AUD Exchange Rates