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Understanding the Table:
The comparison table above helps you see the total cost of your Barclays 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’.
British pound (GBP) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/CNY Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average and lacks a clear driver.
GBP/USD Outlook: Slightly positive, but likely to move sideways, as the GBP is above its recent average yet lacks a clear driver for a substantial rise.
USD/CNY Outlook: Bearish, as the rate is below its recent average and near its recent lows, driven by the Federal Reserve's maintained interest rates...
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Chinese yuan across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-CNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Barclays Bank GBP to CNY exchange rate is 9.0675. This is -3.9% compared to the latest GBP-CNY mid-market rate 9.4310.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above Barclays Bank - Sterling to Yuan comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Barclays Bank and other foreign exchange providers against the latest GBP-CNY mid-rate and the possible savings of using various providers.
Looking at the full GBP to CNY - Send Money comparison table the provider with the best GBP to CNY exchange rate is Wise at 9.3236, -1.1% from the latest mid-market rate 9.4310.
The next best is Western Union at 9.2424, -2% from the mid-rate.
Then OFX at 9.1943, which is -2.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 8.9087 at -5.5% the Royal Bank of Scotland rate is 8.9653 at -4.9% and the Barclays Bank rate is 9.0675 at -3.9% compared to the mid-rate 9.4310.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Barclays 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.
View a full list of exchange rates by selecting your Base (from) currency:
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