Convert Chinese Yuan (Offshore) to Mauritanian Ouguiya
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Mauritanian Ouguiya
1 CNH = 0.179461604101969 MRU
Example: convert 15 CNH to MRU:
15 CNH = 15 × 0.179461604101969 MRU = 2.69192406152953 MRU
Chinese Yuan (Offshore) to Mauritanian Ouguiya Conversion Table
| Chinese Yuan (Offshore) | Mauritanian Ouguiya |
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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.
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).