Convert Chinese Yuan to Bangladeshi Taka
Please provide values below to convert Chinese Yuan [CNY] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Chinese Yuan.
How to Convert Chinese Yuan to Bangladeshi Taka
1 CNY = 0.0589652417493539 BDT
Example: convert 15 CNY to BDT:
15 CNY = 15 × 0.0589652417493539 BDT = 0.884478626240309 BDT
Chinese Yuan to Bangladeshi Taka Conversion Table
| Chinese Yuan | Bangladeshi Taka |
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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).
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.