Convert Chinese Yuan (Offshore) to Bahamian Dollar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Bahamian Dollar
1 CNH = 7.171519 BSD
Example: convert 15 CNH to BSD:
15 CNH = 15 × 7.171519 BSD = 107.572785 BSD
Chinese Yuan (Offshore) to Bahamian Dollar Conversion Table
Chinese Yuan (Offshore) | Bahamian Dollar |
---|
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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.