Convert Chinese Yuan (Offshore) to Guernsey Pound
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Guernsey Pound [GGP], or Convert Guernsey Pound to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Guernsey Pound
1 CNH = 9.6873146021883 GGP
Example: convert 15 CNH to GGP:
15 CNH = 15 × 9.6873146021883 GGP = 145.309719032825 GGP
Chinese Yuan (Offshore) to Guernsey Pound Conversion Table
| Chinese Yuan (Offshore) | Guernsey Pound |
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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.
Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.