XAU/CNH: what to know
The XAU/CNH rate shows how much CNH you get for 1 XAU. Right now, 1 XAU buys 26,738.21 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.0000373997 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while CNH responds to sentiment toward China and offshore flows.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.