Convert Chinese Yuan (Offshore) to Algerian Dinar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Algerian Dinar [DZD], or Convert Algerian Dinar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Algerian Dinar
1 CNH = 0.0551651488566618 DZD
Example: convert 15 CNH to DZD:
15 CNH = 15 × 0.0551651488566618 DZD = 0.827477232849926 DZD
Chinese Yuan (Offshore) to Algerian Dinar Conversion Table
| Chinese Yuan (Offshore) | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.