Convert Chinese Yuan to Uzbekistan Som
Please provide values below to convert Chinese Yuan [CNY] to Uzbekistan Som [UZS], or Convert Uzbekistan Som to Chinese Yuan.
How to Convert Chinese Yuan to Uzbekistan Som
1 CNY = 0.000564586330116686 UZS
Example: convert 15 CNY to UZS:
15 CNY = 15 × 0.000564586330116686 UZS = 0.00846879495175029 UZS
Chinese Yuan to Uzbekistan Som Conversion Table
| Chinese Yuan | Uzbekistan Som |
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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).
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.