CNH/LTC: what to know
The CNH/LTC rate shows how much LTC you get for 1 CNH. Right now, 1 CNH buys 0.00272152 LTC at the mid-market rate. In the other direction, 1 LTC is worth 367.4421 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while LTC responds to crypto-market sentiment.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
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.