Convert Kuwaiti Dinar to Chinese Yuan (Offshore)
Please provide values below to convert Kuwaiti Dinar [KWD] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Chinese Yuan (Offshore)
1 KWD = 0.0425851203908126 CNH
Example: convert 15 KWD to CNH:
15 KWD = 15 × 0.0425851203908126 CNH = 0.638776805862189 CNH
Kuwaiti Dinar to Chinese Yuan (Offshore) Conversion Table
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.