Chinese Renminbi CNY at the Best Exchange Rates

We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice. Over the past two years, the Chinese Yuan has fallen due to changes in policy, offering Aussies the chance to stretch their travel dollar further. China is one of the cheapest travel destinations for Australians. No physical assets required for security and fast access to funds.
Get our best AUD to CNY exchange rate when you buy your Chinese yuan renminbi online, then collect in store. This information has been prepared by IG, a trading name of IG Australia Pty Ltd. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation 澳元转人民币 for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk.

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It's much easier to compare AUD to CNY exchange rates online than in-store. We regularly check the main money changers in each CBD to find out the best exchange rates in town. Ordering Chinese Yuan online with the best dollar exchange rate is easy. Once you’re happy with the amounts and exchange rate on our website using our currency calculator, you’re ready to buy your currency. Making sure that you have enough travel money when you travel overseas is important.
For all the talk of "currency wars", exchange rates are difficult to weaponise. There is still a rationale for intervention to support foreign exchange market liquidity in times of market stress. There is little policy benefit to diversifying these reserves into less liquid currencies, even if diversification gives rise to a portfolio of foreign currency assets that has superior risk-return characteristics.

If you are travelling to the US, “changing Australian dollars for US dollars sooner, as opposed to closer to departure, could be beneficial,” Griffiths says. She says a clouded outlook for the economy in China – Australia’s principal trading partner – could continue to weigh on the value of the Australian dollar. The Reserve Bank of Australia’s aggressive stance on raising interest rates to fight inflation would also be supportive of our dollar, analysts believe. In the European Economic Area, UAB “NIUM EU” is authorised as an electronic money institution (Licence No. 14 issued on 29 September 2017 by the Bank of Lithuania).
"China's current exchange rate is close to being balanced," he said. Give us a call today so we can help you out with any of your foreign currency needs. The TWI is an index of the weighted average value of the Australian dollar with respect to a basket of currencies.

No matter what industry you are in, we have a plan tailored for you. The TWI is calculated three times every business day on exchange rates prevailing at 9 am, noon and 4 pm. The 4 pm figure is reported widely in the evening electronic news media and in the following day's newspapers. Currency ETFs can be bought and sold on the ASX during trading hours like shares, without the need to use complicated foreign currency trading platforms, trade CFDs or to open a foreign currency bank account. Before currency ETFs were available, investing in currency was generally difficult for Australian investors because of the barriers to access the foreign exchange market to trade foreign currency.
The key to finding the best foreign currency rate is to compare your options. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees. Please understand that the rates displayed on the graph are historical. The rates displayed are the “interbank” or  “wholesale” exchange rates that you can find on Google or XE. We show these rates so you can see when the best time to buy Chinese yuan was. Former Treasurer Joe Hockey made an A$8.8 billion injection of funds into the Reserve Bank of Australia’s Reserve Fund.