Convert Chinese Yuan (Offshore) to Albanian Lek
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Albanian Lek [ALL], or Convert Albanian Lek to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Albanian Lek
1 CNH = 0.0859932514991672 ALL
Example: convert 15 CNH to ALL:
15 CNH = 15 × 0.0859932514991672 ALL = 1.28989877248751 ALL
Chinese Yuan (Offshore) to Albanian Lek Conversion Table
| Chinese Yuan (Offshore) | Albanian Lek |
|---|
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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.