Convert Chinese Yuan (Offshore) to Bulgarian Lev
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Bulgarian Lev
1 CNH = 4.30050311825378 BGN
Example: convert 15 CNH to BGN:
15 CNH = 15 × 4.30050311825378 BGN = 64.5075467738067 BGN
Chinese Yuan (Offshore) to Bulgarian Lev Conversion Table
| Chinese Yuan (Offshore) | Bulgarian Lev |
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.