Convert Chinese Yuan (Offshore) to Saint Helena Pound
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Saint Helena Pound
1 CNH = 9.6873146021883 SHP
Example: convert 15 CNH to SHP:
15 CNH = 15 × 9.6873146021883 SHP = 145.309719032825 SHP
Chinese Yuan (Offshore) to Saint Helena Pound Conversion Table
| Chinese Yuan (Offshore) | Saint Helena Pound |
|---|
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.
Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.