Convert Chinese Yuan to Afghan Afghani
Please provide values below to convert Chinese Yuan [CNY] to Afghan Afghani [AFN], or Convert Afghan Afghani to Chinese Yuan.
How to Convert Chinese Yuan to Afghan Afghani
1 CNY = 0.104048280003133 AFN
Example: convert 15 CNY to AFN:
15 CNY = 15 × 0.104048280003133 AFN = 1.56072420004699 AFN
Chinese Yuan to Afghan Afghani Conversion Table
Chinese Yuan | Afghan Afghani |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.