CNH/AUD: what to know
The CNH/AUD rate shows how much AUD you get for 1 CNH. Right now, 1 CNH buys 0.2133 AUD at the mid-market rate. In the other direction, 1 AUD is worth 4.6886 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while AUD responds to commodity prices and Chinese demand.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.