Trade Australian Dollar / Chinese Yuan CFD

The base currency – AUD. The counter currency – CNH. The AUD/CNH chart represents the exchange rate relationship between the Australian dollar and the Chinese yuan. The Australian dollar is the official currency unit of the Commonwealth of Australia. Also referred to as the ‘Aussie’, it is the fifth most-traded currency worldwide. The Australian dollar exchange rate is controlled by the Reserve Bank of Australia. Australia is a developed economy, which relies heavily on the service industry. CNH is the official currency of the People’s Republic of China, also known as the yuan and the Renminbi. The currency exchange rate is regulated by the People’s Bank of China (PBC). This is 9th most traded currency globally and China’s economy is the second largest in the world. Get instant info on the Australian dollar to Chinese yuan rate at Capital.com.