About this pair
XPD/CNH: what to know
The XPD/CNH rate shows how much CNH you get for 1 XPD. Right now, 1 XPD buys 8,740.41 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.000114411 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while CNH responds to sentiment toward China and offshore flows.
Palladium is used mainly in petrol-engine catalytic converters. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.