Chinese Yuan Renminbi

Chinese Yuan Renminbi

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

5 Chinese Yuan Renminbi to Australian Dollar exchange rates chart

5 CNY to AUD exchange rates graph
5 CNY to AUD exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

5 CNY to AUD exchange rates FAQs

What is 5 CNY to AUD?

The meaning of 5 CNY to AUD is to exchange 5 Chinese Yuan Renminbi to Australian Dollar by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 5 CNY to AUD on the chart below.

Who can exchange 5 CNY to AUD?

Anyone with 5 Chinese Yuan Renminbi can find a local bank or a bureau de change to convert into Chinese Yuan Renminbi. However, if neither CNY nor AUD is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 5 CNY to AUD?

Due to the nature of the forex market, the exchange rates for 5 CNY to AUD is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 5 CNY to AUD?

Most likely you are traveling and want to get some Australian Dollar cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 5 Chinese Yuan Renminbi to Australian Dollar. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 5 CNY to AUD?

Usually you can find a local bank, post office or bureau de change to exchange 5 CNY to AUD. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Australian Dollar you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 5 CNY to AUD?

Use the tool we provided here to find the best exchange rates for 5 Chinese Yuan Renminbi to Australian Dollar. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 5 CNY in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

5 CNY to AUD exchange rates table

Exchange CNY to AUD
5 Chinese Yuan Renminbi = 1.050 Australian Dollar
10 Chinese Yuan Renminbi = 2.100 Australian Dollar
25 Chinese Yuan Renminbi = 5.250 Australian Dollar
50 Chinese Yuan Renminbi = 10.500 Australian Dollar
Exchange Chinese Yuan Renminbi to Australian Dollar
5 Chinese Yuan Renminbi to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best CNY/AUD exchange rate at Wexchange in Melbourne

5 CNY to AUD exchange rates at Wexchange in Melbourne
5 Chinese Yuan Renminbi = 0.999 Australian Dollar
Wexchange
Wexchange

The WeXchange service is provided by WeXchange Pty Ltd ABN 52 155 326 846, under AFSL 411932 & AR 472473. We have four locations across Australia equipped with state-of-theart automatic cash counters, and an online store to ensure we are meeting your needs wherever you are, twentyfour hours a day and seven days a week. We welcome all enquiries so contact our friendly service team online or pop in-store today. WeXchange is a foreign exchange service provider that is committed to providing...

Best CNY/AUD exchange rate at United Currency Exchange in Melbourne

5 CNY to AUD exchange rates at United Currency Exchange in Melbourne
5 Chinese Yuan Renminbi = 1.006 Australian Dollar
United Currency Exchange
United Currency Exchange

United Currency Exchange was founded in 2006 and firstly established in Victoria, Australia. The company operates specifically as a foreign currency exchange dealer servicing international tourists and budget travellers. As the business operates in financial services industry, United Currency Exchange is committed to deliver excellent customer services as well as professionalism throughout its services. We buy and sell foreign currencies at very competitive exchange rates with no commissions,...

Best CNY/AUD exchange rate at Bank of China in Shanghai

5 CNY to AUD exchange rates at Bank of China in Shanghai
5 Chinese Yuan Renminbi = 1.039 Australian Dollar
Bank of China
Bank of China

Bank of China was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community, despite...

5 CNY to AUD news tweets

5 CNY to AUD added 1 tweet
2019-03-18 16:47:43 UTC
@priyaakulkarni2 Why are they using #USA $100 bills in this video, instead of #Chinese Currency? Are these… https://t.co/r1FnSIrWtI
5 CNY to AUD added 1 tweet
2019-03-18 18:35:24 UTC
EUR - Euro USD - US Dollar DNR - DINAR GBP - British Pound AUD - Australian Dollar CAD - Canadian Dollar AED - Emir… https://t.co/hOSvQURIGK
5 CNY to AUD added 1 tweet
2019-03-15 09:21:36 UTC
Ghana's economy also has ties with the Chinese yuan (renminbi) along with Ghana's vast gold reserves. Real estate i… https://t.co/NazonMJJc4
5 CNY to AUD added 1 tweet
2019-03-12 04:25:40 UTC
It is not just developed currencies that the Thai Baht has outpaced in the last 10 years. The $BHT is up almost 70… https://t.co/uxgHouXnUg
5 CNY to AUD added 1 tweet
2019-02-26 08:45:01 UTC
#ForexNews 📜 "The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 179 basis points… https://t.co/gF55p3SvNs
5 CNY to AUD added 1 tweet
2019-03-21 01:38:51 UTC
Australian dollar gains as unemployment falls to 8-year low https://t.co/z57ukO7gY1
5 CNY to AUD added 1 tweet
2019-03-21 01:38:51 UTC
Australian dollar gains as unemployment falls to 8-year low https://t.co/U05W7HbHPI
5 CNY to AUD added 1 tweet
2019-03-21 01:38:52 UTC
Australian dollar gains as unemployment falls to 8-year low https://t.co/XqS9FBKh4h
5 CNY to AUD added 1 tweet
2019-03-21 01:39:07 UTC
RT @fastFT: Australian dollar gains as unemployment falls to 8-year low https://t.co/2DP2FXVhuQ
5 CNY to AUD added 1 tweet
2019-03-21 01:42:50 UTC
Australian dollar gains as unemployment falls to 8-year low https://t.co/tLUifhgoRL

5 CNY to AUD news media

5 CNY to AUD added 1 medium
2018-04-20T15:58:03+02:00
Still well kept by me, remains of travelling in 2014...and will be used soon, can’t wait! It’s not much about CNY 299 and 8 cents but not bad either for buying some snacks or souvenirs... 😅😜🤩🇨🇳 #cash #money #chinesecurrency #chineseyuan #cny #chineseyuanrenminbi #traveltoinnermongolia #innermongolia #northchina #china #eastasia #traveller #travelling #instatravel #igtravel #travelphoto #traveltheworld
5 CNY to AUD added 1 medium
2015-03-21T03:56:58+01:00
GREAT NEWS!! For my International Dolls ✌️We added a currency converter for 5 International Countries. Rates convert to USD but at least you can see pricing you are used to!💃Try clicking on our drop down! #alwaysworking #100percenthollywood #shop100percenthollywood #shop100percenthollywoodcom #eyeware #eyewear #custom #glasses #swarovski #sunglasses #frames #newsunglasses #style #instastyle #instafashion #instahollywood #trendy #hollywood #BritishPounds #Euro #AustralianDollar #CanadianDollar #ChineseYuanRenminbi #JapaneseYen #GBP #EUR #AUD #CNY #JPY#CAD
5 CNY to AUD added 1 medium
2015-06-11T12:39:54+02:00
Shut up and take my money! haha lol! #mycollection #moreplease #philippinepeso #USdollar #europeaneuro #singaporedollar #malysianringgit #indonesianrupiah #saudiriyal #iranianrial #vietnamesedong #thaibaht #brazilianreal #slovenianeuro #polishzloty #mexicanpeso #swissfranc #norwegiankrone #turkishlira #bosniaandherzegovinaconvertiblemark #australiandollar #britishpound #romanianleu #canadiandollar #chineseyuanrenminbi #peruviannuevosol #maldivianrufiyaa #zhongguorenminyinhang #macanesepataca #kuwaitidinar
5 CNY to AUD added 1 medium
2015-10-14T14:54:38+02:00
#banknote#papercurrency#currencynote#100yuan#onehundredyuan#chinacurrency#chinayuan#chinamoney#note_senyeow#senyeow2015
5 CNY to AUD added 1 medium
2015-10-14T15:03:27+02:00
1
5 CNY to AUD added 1 medium
2019-03-22T02:00:28+01:00
Menurut University of Sydney ada 10.635 pantai di Australia. Bayangkan berapa banyak petualangan yang bisa kamu dapatkan di Australia. Belum lagi bisa swafoto bersama kangguru atau koala. Belum cukup? Ada Sydney yang metropolis, Melbourne yang sangat hip, sampai Perth yang menyenangkan. Sebelum memulai perjalanan ke Australia, tukar dulu Rupiahmu menjadi Australian Dollar atau biasa disingkat AUD. Dapatkan rate kompetitif di APS Money Changer di Kuningan City lantai LG-65. #australia #australiandollar #moneychanger #moneychangerjakarta #jakarta #traveltips #APSmonex
5 CNY to AUD added 1 medium
2019-03-20T15:57:42+01:00
5 Australian Cents (1968) #coinhunting #coincollection #coins #coin #coincollection #coincollecting #coincollectors #coincollector #australiancoins #australiancoin #australia #oldcoins #oldcoin #aud #australiandollar #australiandollars #queenelizabeth #queenelizabethii #1968 #1968coin #coinart
5 CNY to AUD added 1 medium
2019-03-20T19:00:16+01:00
Westpac tips Aussie dollar to slide to 68 US cents in 2019 https://bit.ly/2UCGBGo⠀ .⠀ .⠀ .⠀ .⠀ .⠀ .⠀⠀ #australia #finance #saving #savingmoney #moneysavingtips #personalfinance #financetips #savemoney #australianbusiness #brisbane #sydney #melbourne #perth #adelaide #darwin #hobart #goldcoast #Westpac #News #AustralianDollar
5 CNY to AUD added 1 medium
2019-03-20T19:00:22+01:00
China Backpedals On Concessions 🇨🇳 Trade war negotiations hit yet another bump in the road as the latest developments have seen #China threatening to backtrack on some of the concessions it promised a few weeks ago. The plot thickens! Murmurs have emerged that while the trade deal may be nearing its final stages, both sides still have a few reservations about some key components of the deal. China also threatened to cancel a sizeable pending order of #Boeing #airplanes, which only added to the #US airliner's woes and hit the wider stock market with a fresh bout of fears about the completion of the #tradedeal. Heightened levels of uncertainty filtered through into the #DowJones Industrial #index yesterday which opened 100 points in the red yesterday before regaining the majority of the initial fallout towards the end of the session. The #AustralianDollar, a common measure for trade war risk, reacted the same way, dropping yesterday before recovering by the end of trading. The reason the Dow managed to shrug off the bad trade news was attributed to the likelihood of a continuation of the 'flexible' monetary approach by the Fed in today's meeting - Thanks Mr Powell! The muted effect of yesterday's news also reflects investors' attitude towards the trade deal, which they believe will be completed soon, despite a few minor bumps in the road. Let's just hope the bumps don't get any bigger!
5 CNY to AUD added 1 medium
2019-03-19T17:21:16+01:00
The Australian dollar has been on the downswing against its American counterpart since the beginning of 2018. In fact, going back even further the Aussie is down big since 2015. Currently in oversold level according to our modified RSI. Speculators are extreme bearish, Commercials extreme bullish. Who wins? #countingpips #forex #australiandollar #invest #investing #currency #aususd #usdollar #trading

5 CNY to AUD news videos

Learn how CNH & CNY relate to each other. And what about the HKD! A quick primer on the Chinese currency system!
Looking through yuan for good serial numbers and errors. ▽ More links below ▽ This is an affiliate link TO BUY CHINESE ...
The Chinese yuan has overtaken the euro to become the second most used currency in the global market place. Last year its ...
China is home to the world's second largest economy. But as time goes by the question remains: what will it take for the Yuan to ...
New Zealand oil spill gets dramatically worse, the Australian dollar has edged back to parity, Iranian actress may be jailed for her ...
Footage of the design and production process for Australia's new $20 banknote, which will be released into general circulation ...
Official exchange rates of the Australian dollar (AUD) ... Information Source: Reserve Bank of Australia Australian currency ...
This video provides a quick overview of how Australian banknotes are produced. More information is available at ...
नमस्कार दोस्तों आज इस विडियो में ऑस्ट्रेलिया में कौन सी मुद्रा चलती है इसक...

5 CNY to AUD news texts

Yi vows never to use renminbi for leverage in trade - Taipei Times

China has gone to great lengths to support its currency and would not devalue the yuan to spur exports or combat trade frictions, People’s Bank of China (PBOC) Governor Yi Gang (易綱) said yesterday.

12 days conditional positive
Market Extra: China coal-import ban puts the hurt on Australian dollar

The Australian dollar is once again struck by China-related woes on Thursday, though this time it isn’t the Sino-U.S. trade spat that inflicted pain.

29 days indicative neutral
Vital Signs: why more expensive milk won't help farmers much

Dairy farmers' incomes are dependent on so much more than the retail price of fresh milk.

29 days conditional neutral
Yen weakens as BOJ flags easing risks, euro trims gains:

The dollar inched up against the yen on Tuesday after Japan's central bank governor raised the possi

about 1 month indicative neutral
ASX surges as Aussie dollar tumbles

It's been an

about 1 month conditional positive

5 CNY to AUD currency converter

5 CNY to AUD exchange rates

100 CHF to HKD
Beijing, People’s Republic of China.
1 USD to CAD
Stoney Creek, Canada.
1 USD to CAD
Stoney Creek, Canada.
28 RUB to AMD
Yerevan, Republic of Armenia.
18 ISK to SAR
Antalya, Republic of Turkey.
18 PLN to EUR
Antalya, Republic of Turkey.
18 PLN to EUR
Antalya, Republic of Turkey.
18 RUB to SYP
Antalya, Republic of Turkey.
100 TRY to AZN
Baku, Republic of Azerbaijan.
100 QAR to INR
Doha, State of Qatar.
100 AED to INR
Kuwait City, State of Kuwait.
100 USD to ZAR
Yerevan, Republic of Armenia.
1 AZN to SGD
Baku, Republic of Azerbaijan.
100 THB to NZD
Yerevan, Republic of Armenia.
100 OMR to INR
Muscat, Sultanate of Oman.
10 RSD to TRY
Antakya, Republic of Turkey.
100 KWD to INR
Kuwait City, State of Kuwait.
100 SGD to PHP
Angeles City, Republic of the Philippines.
1000 RUB to AZN
Baku, Republic of Azerbaijan.