Convert Chinese Yuan (Offshore) to Namibian Dollar
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Namibian Dollar [NAD], or Convert Namibian Dollar to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Namibian Dollar
1 CNH = 0.408245088718997 NAD
Example: convert 15 CNH to NAD:
15 CNH = 15 × 0.408245088718997 NAD = 6.12367633078495 NAD
Chinese Yuan (Offshore) to Namibian Dollar Conversion Table
| Chinese Yuan (Offshore) | Namibian 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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.