Convert Chinese Yuan to Colombian Peso
Please provide values below to convert Chinese Yuan [CNY] to Colombian Peso [COP], or Convert Colombian Peso to Chinese Yuan.
How to Convert Chinese Yuan to Colombian Peso
1 CNY = 0.00177949493191588 COP
Example: convert 15 CNY to COP:
15 CNY = 15 × 0.00177949493191588 COP = 0.0266924239787382 COP
Chinese Yuan to Colombian Peso Conversion Table
| Chinese Yuan | Colombian Peso |
|---|
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).
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.