Convert Chinese Yuan (Offshore) to Dominican Peso
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Dominican Peso [DOP], or Convert Dominican Peso to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Dominican Peso
1 CNH = 0.118830160229325 DOP
Example: convert 15 CNH to DOP:
15 CNH = 15 × 0.118830160229325 DOP = 1.78245240343988 DOP
Chinese Yuan (Offshore) to Dominican Peso Conversion Table
| Chinese Yuan (Offshore) | Dominican Peso |
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.