Settlement exchange rate: Australian dollar (AUD)
RMB central parity, and what you receive at your own bank rate
Example: Currency: AUD, Foreign currency amount: 10000, At central parity: CNY 46,746.00 (at the 2026-10-09 central parity rate).
The RMB central parity is the reference rate published by the People’s Bank of China. Banks pay their own spot buying rate, usually a little lower: enter your bank rate once and the site estimates it each day from the gap.
Result
This site shows only the RMB central parity published by the People’s Bank of China and does not republish bank rates. Banks pay yuan at their own spot buying rate, usually a little below the central parity: enter your bank rate once, and it is estimated from the gap each day after.
- AUD 10,000.00 at the central parity 4.6746
- CNY 46,746.00
Your bank usually pays a little less. Enter your bank rate and it is used here.
This site is not an official channel. It is for reference only; the official publication prevails.This site entered this edition of the central parity rates on 2026-10-10 17:48 (Beijing time).
- At the central parityforeign amount × central parityAUD 10,000.00 × 4.6746 = CNY 46,746.00
Formula
- This site shows only the RMB central parity published by the People’s Bank of China and does not republish bank rates. Banks pay their own spot buying rate, usually a little below central parity: enter your bank rate once and it is estimated each day from the gap.
- An estimate is not your bank’s quote: a bank can change its gap to central parity at any time, and when you actually convert, the rate your bank gives you then is what counts.
- One currency is converted at a time. Bank fees are not included; for a year’s conversion cost, use the FX conversion cost calculator.
Worked example
Enter your bank rate once; the next day it is estimated from the gap (example data):
| USD 10,000.00 | Rate | Yuan |
|---|---|---|
| Day one: central parity | 6.7500 | CNY 67,500.00 |
| Your bank rate, entered | 6.7350 | CNY 67,350.00 |
| Gap | −0.22% | CNY 150.00 less |
| Day two: central parity | 6.7571 | CNY 67,571.00 |
| Day two: your bank rate, estimated | 6.7421 | CNY 67,421.00 |
The gap is worked to six decimal places (−0.2222%) and shown as −0.22%; a rate pasted per 100 units is converted to per 1.
FAQ
What does Settlement exchange rate: Australian dollar (AUD) give for an example?
Why not show the bank’s rates directly?
How accurate is the estimate?
Where is the bank rate I enter kept?
Why are the yen, won, ruble and forint shown per 100?
Why do some currencies say “CNY 1 = …”?
Why is RMB written as CNY here, not with a symbol?
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Results are for reference only. The figures confirmed by the tax authorities, banks and carriers prevail.Disclaimer