The invention relates to a Cu-Ti-Cr-Zr-V high-performance copper-based elastic alloy and a manufacturing method thereof. According to the technical points of the Cu-Ti-Cr-Zr-V high-performance copper-based elastic alloy, electrolytic copper serves as a matrix, chromium, zirconium, vanadium, cerium and titanium serve as main components, and the content of other impurities is smaller than or equal to 0.5%. In a product, the strength of extension ranges from 1,100 Rm/MPa to 1,300 Rm/MPa, the elongation ranges from 8 to 10, the yield strength ranges from 950 to 1,000, and the Vickers hardness ranges from 360 to 380. Compared with beryllium bronze (Be2.0/CY4S) at present, the strength and hardness of the alloy can replace those of the beryllium bronze, and the elongation of the alloy is 4-5 times that of the beryllium bronze. Use of the element Be is avoided through the alloy at the same time, and greater environment friendliness is achieved when a material is prepared and used. The alloy is wide in application, is mainly used as various high-strength and high-elasticity elements such as elastic elements of electric switches and relays, and is widely applied to the fields such as instruments and meters, machine manufacturing, electronics, automobile household appliances, petrochemical engineering, aerospace and ships.