Period | Variance Decomposition of CNY: | Variance Decomposition of CNH: | ||
CNY | CNH | CNY | CNH | |
1 | 100 | 0 | 100 | 0 |
2 | 97.1008 | 2.899204 | 99.96687 | 0.033133 |
3 | 95.51903 | 4.480967 | 99.96766 | 0.032339 |
4 | 94.75392 | 5.246082 | 99.81554 | 0.184455 |
5 | 94.29819 | 5.701813 | 99.40486 | 0.595136 |
6 | 94.25276 | 5.747236 | 98.89245 | 1.107545 |
7 | 94.05016 | 5.949839 | 98.66614 | 1.333858 |
8 | 93.73569 | 6.264307 | 98.54378 | 1.456223 |
9 | 93.38454 | 6.615456 | 98.46199 | 1.538007 |
10 | 93.0074 | 6.992603 | 98.3909 | 1.609104 |