As you can imagine, they’re super convenient when you’re heading to multiple destinations. Whats even better is that they will allow you to lock in the exchange rate on the day you buy! If you were to load on Chinese Yuan, the CNY exchange 人民币 澳币 汇率 rates on the day you loaded would be applied to all future reloads – no matter whether the ‘real’ rate rises or falls. At The Currency Shop we help you compare providers to find the best exchange rates and lowest fees right now.
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The new trading week started with the U.S. dollar extending its gains. So why are you ok with paying exorbitant fees and rates on currency conversions? A plunging CNY combined with a lesser drop in the AUD, means the AUD CNY exchange rate has jumped 5% since the US implemented tariffs on Chinese goods in May.

Typically, the Australian dollar appreciates when prices in global equity markets increase, and depreciates when prices in equity markets decline. The theory of purchasing power parity connects the level of exchange rates to the level of prices between economies. PPP suggests that, over time, exchange rates adjust so that the cost of an identical basket of goods and services is the same in any two countries. For example, if goods and services in Australia are expensive relative to the same goods in other economies, over time, demand for Australian goods and services should decrease. This lowers the demand for Australian dollars and causes the Australian dollar to depreciate .
Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Easily track your money transfer online or via the Western Union® app.
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The yuan goes by different names in some parts of China – in Tibet it’s called a gor, and in Mongolia it’s sometimes known as a tugreg or yuani. But the most common name for yuan is kuai, which means piece, or kuai qian, which means pieces of money. In China, it’s just like saying buck in Australia or quid in the UK. In a country known as the People’s Republic, renminbi means the people’s currency – it was introduced when the Communist People’s Republic of China was formed in 1949. You can use yuan in mainland China, but not officially in Hong Kong or Macau – although they might be accepted in some places. Enter how much you'd like to top up, either in Australian Dollars, or in the foreign currency amount for the currency you have selected.
What is the outlook for the AUD/CNY rate in the current economic environment? Let’s look at an Australian dollar to Chinese yuan forecast round-up. The rate of interest rate rises in the US is setting the tone across the forex markets, and is outweighing the effect of the RBA’s interest rate increases on the value of the Aussie dollar.

This article looks at what the banks are predicting for the AUD to USD exchange rate over the long term in 2022. Also keep in mind that if you buy it online, it may take 2-4 business days to arrive so make sure you finalise your financial transaction at least a week before you are due to travel overseas. Our currency rankings show that the most popular Chinese Yuan Renminbi exchange rate is the CNY to USD rate.
The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck. Get access to 20+ years of Australian dollar to Chinese yuan exchange rates, broken down by daily, monthly & yearly periods. These are the average exchange rates of these two currencies for the last 30 and 90 days.