Convert Chinese Yuan (Offshore) to Armenian Dram
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Armenian Dram [AMD], or Convert Armenian Dram to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Armenian Dram
1 CNH = 0.0186732534311671 AMD
Example: convert 15 CNH to AMD:
15 CNH = 15 × 0.0186732534311671 AMD = 0.280098801467506 AMD
Chinese Yuan (Offshore) to Armenian Dram Conversion Table
| Chinese Yuan (Offshore) | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.