What is a Currency Exchange?

Currency exchange refers to a transaction that converts foreign currency cash and traveler's checks into RMB (referred to as "redemption") or converts RMB into foreign currency cash (referred to as "redemption") at a certain exchange rate.

Currency exchange

Why currency exchange

Renminbi is China

First understand the use of currency in the country of departure, and convert the local currency in advance. Select the appropriate ratio when converting.

Involving a subject-international finance, can provide a basic idea

It is related to the country's economic history and monetary policy, and has nothing to do with economic strength. In an open economy, it depends on what the country is using

(1) What happened in the enterprise

1 British Pound = 8.4677 Chinese Yuan Renminbi

1 US Dollar = 6.4447 Chinese Yuan Renminbi

1 Euro = 7.7839 Chinese Yuan Renminbi

1 Singapore Dollar = 4.7806 Chinese Yuan

1 Thai Baht = 0.206713638 Chinese Yuan Renminbi

1 South Korean Won = 0.005588 Chinese Yuan

1 Japanese Yen = 0.05774 Chinese Yuan Renminbi

1 Russian ruble = 0.1823 Chinese yuan

1 Australian Dollar = 5.4117 Chinese Yuan

1 Canadian Dollar = 5.8457 Chinese Yuan Renminbi

1 Swiss Franc = 6.5026 Chinese Yuan Renminbi