AUD to CNY Exchange Rate and more
Travel like a local in China
Without a doubt, China has some of world’s most spectacular, jaw-dropping natural sights. If you like mountains, China has the Himalayas home to Mount Everest, the world’s highest peak. Or climb the much more accessible and stunning mountains of Huangshan and Taishan. Take a river cruise down the Yangtze or through the gorgeous karst topography of the Li River. While you’re there, check out the postcard-perfect rice terraces nearby that have been farmed for thousands of years or maybe you’re just wanting to visit the world’s longest wall . Traveling through China can be a very rewarding experience but the most populated country on earth does come with its share of challenges. Even though China is the world’s fastest growing economy, achieving an eye-popping annual average growth rate of 9.5% or more for 28 consecutive years it is still widely dependent on cash, especially if you are visiting smaller rural areas. So make sure you exchange some AUD for CNY before you travel.
Use our currency calculator for AUD to CNY in order to help you understand how much things will cost on your holiday or simply sign up to our Rate Alert and we can send you a notification when your desired rate hits the market. Being one of the most traded currency in the world your best to get your travel budget early and watch for the best exchange rate for your trip.
The Chinese Yuan Renminbi?
The official currency of the People’s Republic of China is the Chinese Yuan Renminbi. The name ‘renminbi’ literally means ‘peoples currency’ and was first issued in 1948 when the People’s Bank of China was established. It’s quite a unique form of currency, so be sure to triple-check notes as you hand them out. One yuan equates to 10 jiao, which itself is made up of 10 fen. It is one of few currencies that have 2 distinct currency codes (CNY and RMB). The Yuan was originally called the ‘kuai’ (meaning ‘lump’) because currency was quite literally a lump of silver. In Chinese currency, you’ll find coins worth 10 and 50 fen, as well as the 1 yuan coin. Banknotes will take you through 10 and 50 fen, 1, 5, 10, 20, 50 and 100 yuan each. It’ll take a little getting used to, but it won’t be long until you’ve mastered Chinese currency correctly.
Bottle of water: ¥3
Bottle of beer: ¥7
Meal at traditional chinese restaurant: ¥25
Meal at Mcdonalds: ¥33
Entry into the Great Wall of China: ¥40
Remember to try and use up all your coins before you return home