Convert United Arab Emirates Dirham to Chinese Yuan (Offshore)
Please provide values below to convert United Arab Emirates Dirham [AED] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Chinese Yuan (Offshore)
1 AED = 0.512095136330253 CNH
Example: convert 15 AED to CNH:
15 AED = 15 × 0.512095136330253 CNH = 7.6814270449538 CNH
United Arab Emirates Dirham to Chinese Yuan (Offshore) Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.