Convert Sudanese Pound to Chinese Yuan (Offshore)
Please provide values below to convert Sudanese Pound [SDG] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Sudanese Pound.
How to Convert Sudanese Pound to Chinese Yuan (Offshore)
1 SDG = 62.6086188992876 CNH
Example: convert 15 SDG to CNH:
15 SDG = 15 × 62.6086188992876 CNH = 939.129283489314 CNH
Sudanese Pound to Chinese Yuan (Offshore) Conversion Table
Sudanese Pound | Chinese Yuan (Offshore) |
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Sudanese Pound
The Sudanese Pound (SDG) is the official currency of Sudan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Sudanese Pound was introduced in 1956, replacing the Sudanese Piastre. It has undergone several redenominations and reforms, notably in 2007 when the currency was revalued following economic challenges and the country's separation from South Sudan.
Current Use
Today, the Sudanese Pound is the legal tender in Sudan, used in banking, commerce, and daily transactions. It exists in both banknotes and coins, with ongoing efforts to stabilize and modernize the currency system.
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.