Cryptocurrency Q&A
What is the exchange rate for CNY & CNH?
What is the exchange rate for CNY & CNH?
Thu Jan 09 2025
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7
answers
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I am interested in knowing the current exchange rate between Chinese Yuan (CNY) and Chinese Yuan traded offshore (CNH). I would like to understand how much CNH I can get for a certain amount of CNY.
7 answers
Sat Jan 11 2025
The exchange rate between CNY and CNH is fixed at 1:1.
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Sat Jan 11 2025
This means that one Chinese Yuan Renminbi (CNY) is always equivalent to one Chinese Yuan Offshore (CNH).
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Sat Jan 11 2025
Despite their numerical equivalence, CNY and CNH operate within different financial systems.
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Fri Jan 10 2025
CNY is primarily used in mainland China, while CNH is traded internationally, particularly in Hong Kong.
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Fri Jan 10 2025
When converting either CNY or CNH to a third currency, such as the Hong Kong Dollar, the exchange rates may vary slightly.
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