Convert Chinese Yuan (Offshore) to Canadian Dollar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Canadian Dollar [CAD], or Convert Canadian Dollar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Canadian Dollar
1 CNH = 5.26350018348624 CAD
Example: convert 15 CNH to CAD:
15 CNH = 15 × 5.26350018348624 CAD = 78.9525027522936 CAD
Chinese Yuan (Offshore) to Canadian Dollar Conversion Table
| Chinese Yuan (Offshore) | Canadian Dollar |
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.