Convert Ugandan Shilling to Chinese Yuan
Please provide values below to convert Ugandan Shilling [UGX] to Chinese Yuan [CNY], or Convert Chinese Yuan to Ugandan Shilling.
How to Convert Ugandan Shilling to Chinese Yuan
1 UGX = 497.117132940242 CNY
Example: convert 15 UGX to CNY:
15 UGX = 15 × 497.117132940242 CNY = 7456.75699410363 CNY
Ugandan Shilling to Chinese Yuan Conversion Table
| Ugandan Shilling | Chinese Yuan |
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Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).