Convert Chinese Yuan (Offshore) to Libyan Dinar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Libyan Dinar [LYD], or Convert Libyan Dinar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Libyan Dinar
1 CNH = 1.32120836403832 LYD
Example: convert 15 CNH to LYD:
15 CNH = 15 × 1.32120836403832 LYD = 19.8181254605748 LYD
Chinese Yuan (Offshore) to Libyan Dinar Conversion Table
| Chinese Yuan (Offshore) | Libyan Dinar |
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.