Convert Chinese Yuan (Offshore) to Liberian Dollar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Liberian Dollar [LRD], or Convert Liberian Dollar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Liberian Dollar
1 CNH = 0.0357710647942627 LRD
Example: convert 15 CNH to LRD:
15 CNH = 15 × 0.0357710647942627 LRD = 0.53656597191394 LRD
Chinese Yuan (Offshore) to Liberian Dollar Conversion Table
| Chinese Yuan (Offshore) | Liberian 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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.