About this pair
CNH/ETH: what to know
The CNH/ETH rate shows how much ETH you get for 1 CNH. Right now, 1 CNH buys 0.0000594862 ETH at the mid-market rate. In the other direction, 1 ETH is worth 16,810.62 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while ETH responds to network activity and crypto-market sentiment.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. Ethereum popularised programmable “smart contracts”.
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.