Convert Chinese Yuan (Offshore) to Maldivian Rufiyaa
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Maldivian Rufiyaa
1 CNH = 0.464530774313068 MVR
Example: convert 15 CNH to MVR:
15 CNH = 15 × 0.464530774313068 MVR = 6.96796161469601 MVR
Chinese Yuan (Offshore) to Maldivian Rufiyaa Conversion Table
| Chinese Yuan (Offshore) | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.