AED/CNY: what to know
The AED/CNY rate shows how much CNY you get for 1 AED. Right now, 1 AED buys 1.8265 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.5475 AED.
In the short term AED is driven mainly by its peg to the US dollar, while CNY responds to PBoC decisions and Chinese growth.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.