Convert Chinese Yuan (Offshore) to Burundian Franc
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Burundian Franc [BIF], or Convert Burundian Franc to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Burundian Franc
1 CNH = 0.00241546899768996 BIF
Example: convert 15 CNH to BIF:
15 CNH = 15 × 0.00241546899768996 BIF = 0.0362320349653494 BIF
Chinese Yuan (Offshore) to Burundian Franc Conversion Table
| Chinese Yuan (Offshore) | Burundian Franc |
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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.
Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.