Convert Chinese Yuan (Offshore) to Norwegian Krone
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Norwegian Krone [NOK], or Convert Norwegian Krone to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Norwegian Krone
1 CNH = 0.709222789216559 NOK
Example: convert 15 CNH to NOK:
15 CNH = 15 × 0.709222789216559 NOK = 10.6383418382484 NOK
Chinese Yuan (Offshore) to Norwegian Krone Conversion Table
| Chinese Yuan (Offshore) | Norwegian Krone |
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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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.