Convert Chinese Yuan (Offshore) to Argentine Peso
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Argentine Peso [ARS], or Convert Argentine Peso to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Argentine Peso
1 CNH = 0.00566394638950536 ARS
Example: convert 15 CNH to ARS:
15 CNH = 15 × 0.00566394638950536 ARS = 0.0849591958425804 ARS
Chinese Yuan (Offshore) to Argentine Peso Conversion Table
| Chinese Yuan (Offshore) | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.