Convert Chinese Yuan (Offshore) to British Pound Sterling
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to British Pound Sterling [GBP], or Convert British Pound Sterling to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to British Pound Sterling
1 CNH = 9.68862334504188 GBP
Example: convert 15 CNH to GBP:
15 CNH = 15 × 9.68862334504188 GBP = 145.329350175628 GBP
Chinese Yuan (Offshore) to British Pound Sterling Conversion Table
| Chinese Yuan (Offshore) | British Pound Sterling |
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.