Convert Liberian Dollar to Chinese Yuan (Offshore)
Please provide values below to convert Liberian Dollar [LRD] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Liberian Dollar.
How to Convert Liberian Dollar to Chinese Yuan (Offshore)
1 LRD = 27.9555558592259 CNH
Example: convert 15 LRD to CNH:
15 LRD = 15 × 27.9555558592259 CNH = 419.333337888389 CNH
Liberian Dollar to Chinese Yuan (Offshore) Conversion Table
| Liberian Dollar | Chinese Yuan (Offshore) |
|---|
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.