Convert Chinese Yuan (Offshore) to Iranian Rial
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Iranian Rial [IRR], or Convert Iranian Rial to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Iranian Rial
1 CNH = 0.000168989406931274 IRR
Example: convert 15 CNH to IRR:
15 CNH = 15 × 0.000168989406931274 IRR = 0.00253484110396911 IRR
Chinese Yuan (Offshore) to Iranian Rial Conversion Table
Chinese Yuan (Offshore) | Iranian Rial |
---|
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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.