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- CNY and CNH are both types of RMB12.
- CNY is onshore RMB currency traded within Mainland China only12.
- CNH is offshore RMB currency traded outside of Mainland China12.
- 1 CNY = 1 RMB = 1 Yuan and 1 CNH = 1 RMB = 1 Yuan1.
- They do not necessarily trade at the same price against other currencies1.
- CNY has developed over a longer period in the mainland trading market and is larger in size. Therefore, there is more regulation, which means that the RMB exchange rate is more influenced by central bank policies2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.CNY is onshore RMB currency traded within Mainland China only. CNH is offshore RMB currency traded outside of Mainland China. In conclusion, both CNY and CNH are a type of RMB, as such 1 CNY = 1 RMB = 1 Yuan and 1 CNH = 1 RMB = 1 Yuan. However. They do not necessarily trade at the same price against other currencies.statrys.com/blog/cnh-vs-cny-differences-chinese-re…CNY is the RMB traded in mainland China. CNH is the RMB traded offshore outside mainland China. CNY has developed over a longer period in the mainland trading market and is larger in size. Therefore, there is more regulation, which means that the RMB exchange rate is more influenced by central bank policies.blog.ouitrust.com/cnh-vs-cny-differences - People also ask
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