Convert Chinese Yuan (Offshore) to Lebanese Pound
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Lebanese Pound [LBP], or Convert Lebanese Pound to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Lebanese Pound
1 CNH = 8.01287039106145e-05 LBP
Example: convert 15 CNH to LBP:
15 CNH = 15 × 8.01287039106145e-05 LBP = 0.00120193055865922 LBP
Chinese Yuan (Offshore) to Lebanese Pound Conversion Table
| Chinese Yuan (Offshore) | Lebanese Pound |
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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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.