Convert Chinese Yuan (Offshore) to Congolese Franc
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Congolese Franc [CDF], or Convert Congolese Franc to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Congolese Franc
1 CNH = 0.00248576404295253 CDF
Example: convert 15 CNH to CDF:
15 CNH = 15 × 0.00248576404295253 CDF = 0.0372864606442879 CDF
Chinese Yuan (Offshore) to Congolese Franc Conversion Table
Chinese Yuan (Offshore) | Congolese Franc |
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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.
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.