Convert Chinese Yuan (Offshore) to Brazilian Real
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Brazilian Real [BRL], or Convert Brazilian Real to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Brazilian Real
1 CNH = 1.28821968744387 BRL
Example: convert 15 CNH to BRL:
15 CNH = 15 × 1.28821968744387 BRL = 19.323295311658 BRL
Chinese Yuan (Offshore) to Brazilian Real Conversion Table
| Chinese Yuan (Offshore) | Brazilian Real |
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.