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What is the current exchange rate between CNH and USD?

avatarImran WattooNov 26, 2021 · 3 years ago3 answers

I'm curious about the current exchange rate between CNH (Chinese Offshore Yuan) and USD (United States Dollar). Can you tell me what the current rate is and how it is determined?

What is the current exchange rate between CNH and USD?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    The current exchange rate between CNH and USD is determined by the foreign exchange market. It is influenced by various factors such as supply and demand, interest rates, economic indicators, and geopolitical events. The rate fluctuates throughout the day as traders and investors buy and sell these currencies. You can check the current rate on financial websites or by contacting your bank or currency exchange service.
  • avatarNov 26, 2021 · 3 years ago
    As of now, 1 CNH is equivalent to 0.155 USD. Please note that exchange rates are subject to change and may vary depending on the provider you use. It's always a good idea to compare rates from different sources before making any currency exchange transactions.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers competitive exchange rates for CNH and USD. They provide a user-friendly platform where you can easily convert your currencies at the current market rate. It's important to note that exchange rates may vary depending on market conditions and other factors. Always do your research and choose a reliable and secure exchange platform for your currency conversion needs.