ICICI Bank AUD to CNY Exchange Rates & Currency Deals
AUD-CNY Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your ICICI Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
AUD to CNY Market Data
Australian dollar (AUD) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/CNY Outlook: Likely to increase, as the rate is significantly above the recent average and is near recent highs, supported by expectations of an...
USD/CNY Outlook: Likely to decrease, as the rate is below its recent average and near recent lows while being pressured by economic and geopolitical factors.
AUD/CNY Outlook: Expected to rise as RBA hints at rate hikes amid inflation concerns. Key drivers: - RBA tightening - Commodity prices (esp. iron ore) - China's recovery initiatives. Range: Likely to hold near recent highs. Watch for inflation & commodity price shifts
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AUD to CNY Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Chinese yuan across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
best Send Money conversion rate for AUD to CNY?
The best AUD to CNY exchange rate is 4.79 from Western Union. This is -1% compared to the mid-market rate 4.8384.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above
ICICI Bank - Aussie to Yuan comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
ICICI Bank and other foreign exchange providers against the latest AUD-CNY mid-rate and the possible savings of using various providers.
How do ICICI Bank AUD-CNY rates compare between providers?
Looking at the full
AUD to CNY - Send Money comparison table the provider with the best AUD to CNY exchange rate is Western Union at 4.79, -1% from the latest mid-market rate 4.8384.
The next best is Wise at 4.7747, -1.3% from the mid-rate.
Then OFX at 4.7066, which is -2.7% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like ICICI Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.