About this pair
CNH/XAG: what to know
The CNH/XAG rate shows how much XAG you get for 1 CNH. Right now, 1 CNH buys 0.00231237 XAG at the mid-market rate. In the other direction, 1 XAG is worth 432.4570 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while XAG responds to industrial demand and precious-metal trends.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. “XAG” uses silver’s Latin symbol Ag (argentum).
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.