Convert Chinese Yuan (Offshore) to Rwandan Franc
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Rwandan Franc [RWF], or Convert Rwandan Franc to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Rwandan Franc
1 CNH = 0.00495485610539047 RWF
Example: convert 15 CNH to RWF:
15 CNH = 15 × 0.00495485610539047 RWF = 0.0743228415808571 RWF
Chinese Yuan (Offshore) to Rwandan Franc Conversion Table
| Chinese Yuan (Offshore) | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.