About this pair
ETH/CNH: what to know
The ETH/CNH rate shows how much CNH you get for 1 ETH. Right now, 1 ETH buys 16,812.40 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.0000594799 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while CNH responds to sentiment toward China and offshore flows.
Ethereum popularised programmable “smart contracts”. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.