Convert Chinese Yuan (Offshore) to Macedonian Denar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Macedonian Denar [MKD], or Convert Macedonian Denar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Macedonian Denar
1 CNH = 0.135706508369634 MKD
Example: convert 15 CNH to MKD:
15 CNH = 15 × 0.135706508369634 MKD = 2.03559762554451 MKD
Chinese Yuan (Offshore) to Macedonian Denar Conversion Table
| Chinese Yuan (Offshore) | Macedonian Denar |
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.