EUR/CNH
Market Open
12 Jun, 20:59
7. 826180
CNH -0.00519
-0.0663%
104,999 Volume
7.83137 CNH
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EURCNH Overview
EURCNH denotes the exchange rate between the Euro and the Chinese yuan traded offshore. It indicates how many units of CNH are required to buy one Euro and tracks cross-border currency flows between the euro area and offshore yuan markets.
The Euro (EUR) is the official currency of the euro area, used by 19 European Union member states and several territories. It is a major global reserve and transaction currency, issued and regulated by the European Central Bank (ECB).
The Chinese yuan (offshore) (CNH) is the yuan unit traded outside mainland China, primarily in financial centers such as Hong Kong. While CNH represents the same currency unit as onshore CNY, its market dynamics differ due to offshore liquidity and regulatory distinctions; the currency is issued and ultimately governed by the People’s Bank of China (PBOC).
Movements in EURCNH are driven by supply and demand dynamics in both currencies, influenced by interest rate differentials, inflation trends, central bank policies, capital controls, trade balances and geopolitical developments. Market sentiment and liquidity in offshore markets also play a role.
For traders, corporates and investors, EURCNH is relevant for pricing exports and imports, managing FX risk between Europe and China, and for speculative or arbitrage opportunities that exploit onshore–offshore pricing differences.
The Euro (EUR) is the official currency of the euro area, used by 19 European Union member states and several territories. It is a major global reserve and transaction currency, issued and regulated by the European Central Bank (ECB).
The Chinese yuan (offshore) (CNH) is the yuan unit traded outside mainland China, primarily in financial centers such as Hong Kong. While CNH represents the same currency unit as onshore CNY, its market dynamics differ due to offshore liquidity and regulatory distinctions; the currency is issued and ultimately governed by the People’s Bank of China (PBOC).
Movements in EURCNH are driven by supply and demand dynamics in both currencies, influenced by interest rate differentials, inflation trends, central bank policies, capital controls, trade balances and geopolitical developments. Market sentiment and liquidity in offshore markets also play a role.
For traders, corporates and investors, EURCNH is relevant for pricing exports and imports, managing FX risk between Europe and China, and for speculative or arbitrage opportunities that exploit onshore–offshore pricing differences.
EURCNH Chart
EURCNH FAQ
What is the current EUR/CNH price?
The current rate is 7.826180 CNH, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the EUR/CNH rate changed today?
The rate has changed by -0.00519 (-0.0663%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was 7.831370 CNH, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is EUR/CNH moving up or down?
Movements in EUR/CNH are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.0663%) is based on the difference between the current rate and the previous closing rate.
Is EUR/CNH trending up or down right now?
If the current rate (7.826180 CNH) is below the previous close (7.831370 CNH), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for EUR/CNH directly on this page.
