Chinese Yuan (CNY)
The Chinese Yuan (CNY / ¥), also known as the Renminbi (RMB), is the official currency of the People’s Republic of China and is widely used across the country. Travellers to China can save significantly by exchanging CNY at the right time, avoiding airport markups, and choosing a trusted money exchange provider with competitive rates.
What Is the Chinese Yuan (CNY)?
The Chinese Yuan (CNY / ¥), also known as the Renminbi (RMB), is the official currency of the People’s Republic of China and is widely used across the country. Travellers to China can save significantly by exchanging CNY at the right time, avoiding airport markups, and choosing a trusted money exchange provider with competitive rates.
Millions of travellers visit China each year, making CNY a relevant currency for international travel.
Chinese Yuan History
The Chinese Yuan (CNY / ¥) has a long and influential history as China’s national currency:
- Introduced with the Renminbi by the People’s Bank of China in 1948
- Serves as the official legal tender throughout mainland China
- The yuan is subdivided into jiao and fen, though fen denominations are rarely used today
- Modern banknotes incorporate advanced security features to prevent counterfeiting
Currency code/Symbol
CNY / ¥
Live rate : 1 CNY = 0.2202 AUD
Chinese Yuan
in stock
Buy Chinese Yuan Cash Now
Banknote Denominations
0.1 CNY, 0.5 CNY, 1 CNY, 2 CNY, 5 CNY, 10 CNY, 20 CNY, 50 CNY, 100 CNY
Coin Denominations
0.01 CNY, 0.02 CNY, 0.05 CNY, 0.1 CNY, 0.5 CNY, 1 CNY
Where to Buy Chinese Yuan in Australia?
If you’re wondering where to buy Chinese Yuan in Australia, you have three main options:
Banks
Banks offer CNY exchange, but they are rarely the cheapest option. Their rates often include higher margins and additional service fees. While convenient, banks generally do not offer the best AUD to CNY exchange rate.
Specialist Currency Exchange Providers
Specialist providers like Danesh Exchange offer:
- Better CNY exchange rates
- No hidden fees
- Fast, friendly service
- Reliable availability of CNY notes
Whether you’re travelling for business or leisure, Danesh Exchange makes it easy to buy CNY in Australia at a fair price.
Airport Kiosks
Airport currency exchange kiosks are convenient but expensive. Their rates typically include high margins, meaning travellers often pay significantly more for the same amount of CNY. It’s best to avoid exchanging money at airports.
Specialist currency providers like Danesh Exchange are one of the cheapest ways for buying currency. With competitive rates, no hidden fees, and fast service, making it easier for travellers and families to get the currency they need at a fair price anywhere in Australia.
Should I Buy CNY Now?
The best time to buy CNY is when the AUD to CNY exchange rate is favourable. Because rates fluctuate daily, monitoring small dips can help you save money.
Many travellers purchase CNY 1–2 weeks before departure to avoid lastminute airport rates and ensure they have cash ready upon arrival.
Why travellers prefer Danesh Exchange?
Travellers choose Danesh Exchange for:
Better
exchange rates
No
commission fees
Faster,
friendly service
Guaranteed
availability of CNY notes
More flexible
denominations
Tips for Getting the Best CNY Exchange Rate
Compare exchange rates before purchasing
Check multiple providers to see who’s offering the strongest CNY rate. Even small differences can add up when exchanging larger amounts
Choose providers with no hidden fees
Look for transparent pricing. A great rate means nothing if extra charges eat into your money.
Buy during favourable market dips
Exchange rates move daily. If you’re not in a rush, monitor the market and buy when the AUD strengthens.
Use trusted, well reviewed money exchangers
Reputation matters. Choose licensed, well‑reviewed providers to ensure safety, accuracy, and fair pricing.
Is It Safe to Buy Chinese Yuan in Australia?
Yes — as long as you use a licensed and reputable money exchange provider. Look for:
Transparent pricing
No commission fees
Verified customer reviews
FAQ
How can I get Chinese Yuan in Australia?
Danesh Exchange offers easy online ordering with 3,000+ Australia Post pickup locations or home delivery.
How much Chinese Yuan can I order?
You can order up to AUD 7,000 per transaction.
What denominations do Chinese Yuan notes come in?
Common notes include 1, 5, 10, 20, 50 and 100 yuan. Danesh Exchange provides commonly used denominations suitable for travel.
What are the fees for buying Chinese Yuan?
No commission fees — you only pay the exchange rate. Delivery fees may apply.
Is the Chinese Yuan accepted outside the China?
No. The Chinese Yuan is primarily used within mainland China and is generally not accepted in other countries.
Is it cheaper to exchange money in Australia or the China?
Travellers often get better value by exchanging money in Australia, where rates are more transparent and regulated.
Can I sell leftover Chinese Yuan when I return to Australia?
Yes, you can sell your unused Chinese Yuan back to Australian Dollars. Get in touch with us.
Can I use Australian Dollars in the China?
No — AUD is not accepted for everyday purchases in China. It may be exchanged locally, often at less favourable rates.
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