Convert Chinese Yuan (Offshore) to Japanese Yen
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Japanese Yen [JPY], or Convert Japanese Yen to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Japanese Yen
1 CNH = 0.0488419286909049 JPY
Example: convert 15 CNH to JPY:
15 CNH = 15 × 0.0488419286909049 JPY = 0.732628930363574 JPY
Chinese Yuan (Offshore) to Japanese Yen Conversion Table
| Chinese Yuan (Offshore) | Japanese Yen |
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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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.