Convert Chinese Yuan (Offshore) to Turkish Lira
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Turkish Lira [TRY], or Convert Turkish Lira to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Turkish Lira
1 CNH = 0.177334195501067 TRY
Example: convert 15 CNH to TRY:
15 CNH = 15 × 0.177334195501067 TRY = 2.660012932516 TRY
Chinese Yuan (Offshore) to Turkish Lira Conversion Table
| Chinese Yuan (Offshore) | Turkish Lira |
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.