Convert Chinese Yuan to Qatari Rial
Please provide values below to convert Chinese Yuan [CNY] to Qatari Rial [QAR], or Convert Qatari Rial to Chinese Yuan.
How to Convert Chinese Yuan to Qatari Rial
1 CNY = 1.97085164835165 QAR
Example: convert 15 CNY to QAR:
15 CNY = 15 × 1.97085164835165 QAR = 29.5627747252747 QAR
Chinese Yuan to Qatari Rial Conversion Table
| Chinese Yuan | Qatari Rial |
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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).
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.