CNH/HKD: what to know
The CNH/HKD rate shows how much HKD you get for 1 CNH. Right now, 1 CNH buys 1.1763 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.8501 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while HKD responds to its peg to the US dollar.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
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.