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  2. CNY is the Chinese Yuan traded in the onshore market; CNH is the Chinese Yuan traded in the offshore market. CNH and CNY are valued at the same amount in Renminbi, and both of them are currencies of the same country (China). This means that CNH exchanges to CNY at a ratio of 1:1.
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    CNY is the Chinese Yuan traded in the onshore market; CNH is the Chinese Yuan traded in the offshore market. CNH and CNY are valued at the same amount in Renminbi, and both of them are currencies of the same country (China). This means that CNH exchanges to CNY at a ratio of 1:1.
    wise.com/us/blog/cny-vs-cnh
    These differences can be summarised as follows: Regulation: CNY is strictly regulated by the People’s Bank of China (PBoC) while CNH operates with less intervention. Usage: CNY is primarily used within mainland China for domestic transactions while CNH is used for international transactions and is accessible to global investors and businesses.
    www.airwallex.com/uk/blog/cny-vs-cnh-whats-the-d…
    CNY is the ISO code for the renminbi currency traded only within Mainland China, sometimes referred to as onshore renminbi (RMB) or Chinese Yuan onshore. CNH is a widely used code for the renminbi currency traded outside of Mainland China, sometimes referred to as offshore renminbi (RMB) or Chinese Yuan offshore.
    statrys.com/blog/cnh-vs-cny-differences-chinese-re…
    CNY is the deliverable currency traded onshore in China. All cashflows for an onshore CNY swap are physically settled in CNY. CNH is the term used for CNY swaps traded offshore, outside of China. For a CNH swap, all cashflows still occur in CNY but are settled outside (“offshore”) China. They are called CNH to make the difference explicit.
    www.clarusft.com/swap-markets-in-china-what-yo…
     
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