Convert Chinese Yuan (Offshore) to Kazakhstani Tenge
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Kazakhstani Tenge
1 CNH = 0.0134120236046502 KZT
Example: convert 15 CNH to KZT:
15 CNH = 15 × 0.0134120236046502 KZT = 0.201180354069752 KZT
Chinese Yuan (Offshore) to Kazakhstani Tenge Conversion Table
Chinese Yuan (Offshore) | Kazakhstani Tenge |
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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.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.