Convert Pakistani Rupee to Chinese Yuan
Please provide values below to convert Pakistani Rupee [PKR] to Chinese Yuan [CNY], or Convert Chinese Yuan to Pakistani Rupee.
How to Convert Pakistani Rupee to Chinese Yuan
1 PKR = 39.7045958265379 CNY
Example: convert 15 PKR to CNY:
15 PKR = 15 × 39.7045958265379 CNY = 595.568937398068 CNY
Pakistani Rupee to Chinese Yuan Conversion Table
Pakistani Rupee | Chinese Yuan |
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Pakistani Rupee
The Pakistani Rupee (PKR) is the official currency of Pakistan, used for all monetary transactions within the country.
History/Origin
The Pakistani Rupee was introduced in 1947, replacing the Indian Rupee at independence, and has undergone various reforms and devaluations over the years to stabilize the economy.
Current Use
Today, the PKR is widely used across Pakistan for everyday transactions, banking, and trade, with the central bank managing its issuance and regulation.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).