Convert Chinese Yuan (Offshore) to Angolan Kwanza
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Angolan Kwanza
1 CNH = 0.00779936643841948 AOA
Example: convert 15 CNH to AOA:
15 CNH = 15 × 0.00779936643841948 AOA = 0.116990496576292 AOA
Chinese Yuan (Offshore) to Angolan Kwanza Conversion Table
| Chinese Yuan (Offshore) | Angolan Kwanza |
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Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.