XAU/CNY: what to know
The XAU/CNY rate shows how much CNY you get for 1 XAU. Right now, 1 XAU buys 26,771.23 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.0000373535 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while CNY responds to PBoC decisions and Chinese growth.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.