The Lloyds Bank GBP to CNY rate is 8.9008. This is -7.1% below the mid-rate. Compare Lloyds Bank currency conversion rates - Reduce FX costs.
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The Lloyds Bank GBP to CNY exchange rate is 8.9008. This is -7.1% compared to the latest GBP-CNY mid-market rate 9.5760.
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 Lloyds Bank Sterling to Yuan comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Lloyds Bank and other foreign exchange providers against the latest GBP-CNY mid-rate (see Market Data below ) and the possible savings of using various providers.
If you are a Lloyds Bank customer and looking to send money overseas through an International Money Transfer (IMT) or get some travel money, you can use the comparison table snapshot below for an indication of how Lloyds Bank exchange rates compare to alternative FX providers.
Lloyds Bank has the largest number of retail customers in the UK, with over 13 million customers. Lloyds Bank provides a range of financial products and services, including international money transfers (IMTs). Customers can use the bank's online or mobile banking platform to initiate an IMT, or they can visit a branch in person to request a transfer.
Lloyds Bank's foreign exchange rates for money transfers compare favorably with other major banks but not so well when compared to currency exchange specialists.
Lloyds Bank does provide customers with a clear breakdown of the fees associated with each transfer, including any exchange rate margins, transfer fees, and other charges. This transparency allows customers to compare the cost of their transfer with other providers and choose the most cost-effective option for their needs.
Lloyds Bank state that they don't charge extra fixed fees for Online overseas transfers. However, the true cost is in the exchange rate markup plus any correspondent and recipient bank charges.
Our research shows that on average, Lloyds Bank's markup on their foreign exchange rates is somewhere between 3.5 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.
Extra Fees for Branch and Telephone: less than £5,000 is £20 and £5,000 or over is £35
British pound (GBP) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | GBP/CNY | Change | Period |
|---|---|---|---|
02 May 2025 | 9.6827 | 1% ▼ | 2 Week |
15 Feb 2025 | 9.1746 | 4.5% ▲ | 3 Month |
16 May 2024 | 9.1459 | 4.9% ▲ | 1 Year |
17 May 2020 | 8.5830 | 11.7% ▲ | 5 Year |
19 May 2015 | 9.5946 | 0.1% ▼ | 10 Year |
21 May 2005 | 15.15 | 36.7% ▼ | 20 Year |
Here are some popular conversion amounts for GBP to CNY (British pound to Chinese yuan)*.
*Converted at the current GBPCNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The current forecasts for the GBP to CNY exchange rate reflect considerable volatility influenced by ongoing geopolitical tensions and economic uncertainties. The British pound (GBP) has recently gained traction against the Chinese yuan (CNY) amid hopes for an upcoming UK-EU trade deal, which analysts suggest could further bolster investor sentiment towards the UK economy. As of now, GBP is trading at 9.5760 against CNY, which is 1.3% above its three-month average of 9.4545, indicating positive momentum despite the backdrop of increasing tariffs and trade complexities.
Read our full review of recent GBP to CNY forecasts.
There are several ways to save on exchange rates when converting British pound to Chinese yuan:
Generally speaking, if you are buying Chinese yuan with British pound, then it's better for the GBP/CNY exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to China — a practical currency and money guide to travel in China plus living and doing business with the Chinese yuan.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United Kingdom (GBP) | China (CNY) |
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Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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