Convert Azerbaijani Manat to Chinese Yuan
Please provide values below to convert Azerbaijani Manat [AZN] to Chinese Yuan [CNY], or Convert Chinese Yuan to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Chinese Yuan
1 AZN = 0.237039824920894 CNY
Example: convert 15 AZN to CNY:
15 AZN = 15 × 0.237039824920894 CNY = 3.55559737381341 CNY
Azerbaijani Manat to Chinese Yuan Conversion Table
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
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).