UAH/CNH: what to know
The UAH/CNH rate shows how much CNH you get for 1 UAH. Right now, 1 UAH buys 0.1509 CNH at the mid-market rate. In the other direction, 1 CNH is worth 6.6250 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while CNH responds to sentiment toward China and offshore flows.
The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.