JPY/CNH: what to know
The JPY/CNH rate shows how much CNH you get for 1 JPY. Right now, 1 JPY buys 0.0424 CNH at the mid-market rate. In the other direction, 1 CNH is worth 23.5720 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while CNH responds to sentiment toward China and offshore flows.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.