CNH/BCH: what to know
The CNH/BCH rate shows how much BCH you get for 1 CNH. Right now, 1 CNH buys 0.000665946 BCH at the mid-market rate. In the other direction, 1 BCH is worth 1,501.62 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while BCH responds to crypto-market sentiment.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.