Convert Chinese Yuan (Offshore) to Papua New Guinean Kina
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Papua New Guinean Kina
1 CNH = 1.70774848787922 PGK
Example: convert 15 CNH to PGK:
15 CNH = 15 × 1.70774848787922 PGK = 25.6162273181883 PGK
Chinese Yuan (Offshore) to Papua New Guinean Kina Conversion Table
| Chinese Yuan (Offshore) | Papua New Guinean Kina |
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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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.