Convert Chinese Yuan to Ugandan Shilling
Please provide values below to convert Chinese Yuan [CNY] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Chinese Yuan.
How to Convert Chinese Yuan to Ugandan Shilling
1 CNY = 0.00201159834119057 UGX
Example: convert 15 CNY to UGX:
15 CNY = 15 × 0.00201159834119057 UGX = 0.0301739751178585 UGX
Chinese Yuan to Ugandan Shilling Conversion Table
| Chinese Yuan | Ugandan Shilling |
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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).
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.