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GBP to CNY - Best Rates Guide

We review Pound Sterling to Chinese Yuan latest & historic FX rates along with recent GBP/CNY Trend and Alerts.

 

Best GBP to CNY Rate

1 GBP = 8.8825 CNY
LATEST GBP/CNY MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

SELL GBP  :  BUY CNY 
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CNY to GBP
SELL CNY  :  BUY GBP
GBPCNY at 8.8776 is a little above its 90-DAY average, range 8.6415-8.9326.
🔔 GBPCNY is at 14-DAY HIGHS.
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Alert:14-DAY HIGHS |
 
GBP to CNY - Trends & Alerts

View My Alerts

   

Comparing GBP to CNY Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale GBP/CNY rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for GBP to CNY International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Pound Sterling to Chinese Yuan - Quick Conversions

GBP CNY
£ 1 ¥ 8.8825
£ 5 ¥ 44.41
£ 10 ¥ 88.83
£ 20 ¥ 177.65
£ 50 ¥ 444.13
£ 100 ¥ 888.25
£ 250 ¥ 2,221
£ 500 ¥ 4,441
£ 1,000 ¥ 8,883
£ 2,000 ¥ 17,765
£ 5,000 ¥ 44,413
£ 10,000 ¥ 88,825
£ 50,000 ¥ 444,125
£ 100,000 ¥ 888,250
More amounts
GBP CNY
£ 0.1126 ¥ 1
£ 0.5630 ¥ 5
£ 1.1260 ¥ 10
£ 2.2520 ¥ 20
£ 5.6300 ¥ 50
£ 11.26 ¥ 100
£ 28.15 ¥ 250
£ 56.30 ¥ 500
£ 112.60 ¥ 1,000
£ 225.20 ¥ 2,000
£ 563.00 ¥ 5,000
£ 1,126 ¥ 10,000
£ 5,630 ¥ 50,000
£ 11,260 ¥ 100,000
More amounts

Calculate other GBP/CNY amounts (from or to) at mid-market with our GBP to CNY Calculator .

Pound Sterling and Chinese Yuan - Market News

 

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

 

Pound Sterling (GBP)

The coronavirus pandemic had replaced Brexit in the headlines for most of this year, however Brexit is back in the spotlight as the end-of-year deadline for a trade deal with the Eurozone fast approaches.

Get more details in the article British Pound Forecasts.

 

Chinese Yuan (CNY)

Westpac see 10% growth in China next year with a corresponding positive impact on the iron ore price and commodity linked currencies such as AUD. NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.

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.

   

Country Guides - Chinese Yuan

 
ChinaChina (CNY)
     

How to get Good GBP to CNY Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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).

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.

 

What is a good GBP to CNY exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling vs Chinese Yuan current value is to look the GBP/CNY historic rate and change over a range of periods.

The following table looks at the change in the GBP to CNY exchange rate over periods from the previous week back to the last 10 years.

GBP/CNYChangePeriod
8.8194
18 Jan 2021
0.5% ▲1 Week
8.8835
26 Dec 2020
0.3% ▼30 Days
8.7376
27 Oct 2020
1.4% ▲90 Days
9.0602
26 Jan 2020
2.2% ▼1 Year
9.3589
27 Jan 2016
5.3% ▼5 Years
10.4641
28 Jan 2011
15.3% ▼10 Years

GBP/CNY 10 year historic rates & change to 25-Jan-2021 : 8.8605

 
   

Will the Pound Sterling rise against the Chinese Yuan?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/CNY to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.