Convert Brazilian Real to Chinese Yuan (Offshore)
Please provide values below to convert Brazilian Real [BRL] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Brazilian Real.
How to Convert Brazilian Real to Chinese Yuan (Offshore)
1 BRL = 0.776265112035539 CNH
Example: convert 15 BRL to CNH:
15 BRL = 15 × 0.776265112035539 CNH = 11.6439766805331 CNH
Brazilian Real to Chinese Yuan (Offshore) Conversion Table
| Brazilian Real | Chinese Yuan (Offshore) |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.