Convert Chinese Yuan (Offshore) to Myanma Kyat
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Myanma Kyat [MMK], or Convert Myanma Kyat to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Myanma Kyat
1 CNH = 0.00341201833231224 MMK
Example: convert 15 CNH to MMK:
15 CNH = 15 × 0.00341201833231224 MMK = 0.0511802749846837 MMK
Chinese Yuan (Offshore) to Myanma Kyat Conversion Table
Chinese Yuan (Offshore) | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.