Convert Chinese Yuan (Offshore) to Uruguayan Peso
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Uruguayan Peso
1 CNH = 0.177953766634657 UYU
Example: convert 15 CNH to UYU:
15 CNH = 15 × 0.177953766634657 UYU = 2.66930649951985 UYU
Chinese Yuan (Offshore) to Uruguayan Peso Conversion Table
| Chinese Yuan (Offshore) | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.