CNY/DASH: what to know
The CNY/DASH rate shows how much DASH you get for 1 CNY. Right now, 1 CNY buys 0.00275834 DASH at the mid-market rate. In the other direction, 1 DASH is worth 362.5367 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while DASH responds to crypto-market sentiment.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. “Dash” stands for “digital cash”; it focuses on fast, private payments.
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.