Convert Chinese Yuan (Offshore) to Uzbekistan Som
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Uzbekistan Som [UZS], or Convert Uzbekistan Som to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Uzbekistan Som
1 CNH = 0.000564398945283889 UZS
Example: convert 15 CNH to UZS:
15 CNH = 15 × 0.000564398945283889 UZS = 0.00846598417925833 UZS
Chinese Yuan (Offshore) to Uzbekistan Som Conversion Table
| Chinese Yuan (Offshore) | Uzbekistan Som |
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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.
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.