Convert Bahraini Dinar to Chinese Yuan
Please provide values below to convert Bahraini Dinar [BHD] to Chinese Yuan [CNY], or Convert Chinese Yuan to Bahraini Dinar.
How to Convert Bahraini Dinar to Chinese Yuan
1 BHD = 0.0524122165070603 CNY
Example: convert 15 BHD to CNY:
15 BHD = 15 × 0.0524122165070603 CNY = 0.786183247605905 CNY
Bahraini Dinar to Chinese Yuan Conversion Table
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).