Convert Chinese Yuan (Offshore) to Euro
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Euro [EUR], or Convert Euro to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Euro
1 CNH = 8.41036589656386 EUR
Example: convert 15 CNH to EUR:
15 CNH = 15 × 8.41036589656386 EUR = 126.155488448458 EUR
Chinese Yuan (Offshore) to Euro Conversion Table
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.