About this pair
CNH/THB: what to know
The CNH/THB rate shows how much THB you get for 1 CNH. Right now, 1 CNH buys 4.9274 THB at the mid-market rate. In the other direction, 1 THB is worth 0.2029 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while THB responds to tourism and trade flows.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
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.