CNH/EUR: what to know
The CNH/EUR rate shows how much EUR you get for 1 CNH. Right now, 1 CNH buys 0.1335 EUR at the mid-market rate. In the other direction, 1 EUR is worth 7.4930 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while EUR responds to ECB policy and eurozone growth.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
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.