Convert Chinese Yuan to Sierra Leonean Leone
Please provide values below to convert Chinese Yuan [CNY] to Sierra Leonean Leone [SLL], or Convert Sierra Leonean Leone to Chinese Yuan.
How to Convert Chinese Yuan to Sierra Leonean Leone
1 CNY = 0.000317610185131156 SLL
Example: convert 15 CNY to SLL:
15 CNY = 15 × 0.000317610185131156 SLL = 0.00476415277696734 SLL
Chinese Yuan to Sierra Leonean Leone Conversion Table
Chinese Yuan | Sierra Leonean Leone |
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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).
Sierra Leonean Leone
The Sierra Leonean Leone (SLL) is the official currency of Sierra Leone, used for everyday transactions within the country.
History/Origin
Introduced in 1964, replacing the British West African pound, the Leone has undergone several redenominations and inflation adjustments over the years to stabilize the economy.
Current Use
The Leone is actively used in Sierra Leone for all monetary transactions, with coins and banknotes issued by the Bank of Sierra Leone, and it is also used in currency exchange and financial markets.