Convert Chinese Yuan (Offshore) to Solomon Islands Dollar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Solomon Islands Dollar
1 CNH = 0.870277167647594 SBD
Example: convert 15 CNH to SBD:
15 CNH = 15 × 0.870277167647594 SBD = 13.0541575147139 SBD
Chinese Yuan (Offshore) to Solomon Islands Dollar Conversion Table
| Chinese Yuan (Offshore) | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.