Convert Chinese Yuan (Offshore) to Nicaraguan Córdoba
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Nicaraguan Córdoba
1 CNH = 0.19495134044832 NIO
Example: convert 15 CNH to NIO:
15 CNH = 15 × 0.19495134044832 NIO = 2.9242701067248 NIO
Chinese Yuan (Offshore) to Nicaraguan Córdoba Conversion Table
| Chinese Yuan (Offshore) | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.