Convert Kazakhstani Tenge to Chinese Yuan (Offshore)
Please provide values below to convert Kazakhstani Tenge [KZT] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Chinese Yuan (Offshore)
1 KZT = 74.5599642139971 CNH
Example: convert 15 KZT to CNH:
15 KZT = 15 × 74.5599642139971 CNH = 1118.39946320996 CNH
Kazakhstani Tenge to Chinese Yuan (Offshore) Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.