Convert Chinese Yuan (Offshore) to Bangladeshi Taka
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Bangladeshi Taka
1 CNH = 0.0589456713287173 BDT
Example: convert 15 CNH to BDT:
15 CNH = 15 × 0.0589456713287173 BDT = 0.88418506993076 BDT
Chinese Yuan (Offshore) to Bangladeshi Taka Conversion Table
Chinese Yuan (Offshore) | Bangladeshi Taka |
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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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.