Convert Australian Dollar to Chinese Yuan
Please provide values below to convert Australian Dollar [AUD] to Chinese Yuan [CNY], or Convert Chinese Yuan to Australian Dollar.
How to Convert Australian Dollar to Chinese Yuan
1 AUD = 0.213161599687757 CNY
Example: convert 15 AUD to CNY:
15 AUD = 15 × 0.213161599687757 CNY = 3.19742399531635 CNY
Australian Dollar to Chinese Yuan Conversion Table
| Australian Dollar | Chinese Yuan |
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).