CNH/CAD: what to know
The CNH/CAD rate shows how much CAD you get for 1 CNH. Right now, 1 CNH buys 0.2101 CAD at the mid-market rate. In the other direction, 1 CAD is worth 4.7604 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while CAD responds to oil prices and the US economy.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.