Convert Chinese Yuan (Offshore) to Thai Baht
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Thai Baht [THB], or Convert Thai Baht to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Thai Baht
1 CNH = 0.222630864941048 THB
Example: convert 15 CNH to THB:
15 CNH = 15 × 0.222630864941048 THB = 3.33946297411572 THB
Chinese Yuan (Offshore) to Thai Baht Conversion Table
| Chinese Yuan (Offshore) | Thai Baht |
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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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.