Convert Congolese Franc to Chinese Yuan
Please provide values below to convert Congolese Franc [CDF] to Chinese Yuan [CNY], or Convert Chinese Yuan to Congolese Franc.
How to Convert Congolese Franc to Chinese Yuan
1 CDF = 402.157278467779 CNY
Example: convert 15 CDF to CNY:
15 CDF = 15 × 402.157278467779 CNY = 6032.35917701668 CNY
Congolese Franc to Chinese Yuan Conversion Table
Congolese Franc | Chinese Yuan |
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Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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).