Convert Hungarian Forint to Chinese Yuan
Please provide values below to convert Hungarian Forint [HUF] to Chinese Yuan [CNY], or Convert Chinese Yuan to Hungarian Forint.
How to Convert Hungarian Forint to Chinese Yuan
1 HUF = 47.4221413735904 CNY
Example: convert 15 HUF to CNY:
15 HUF = 15 × 47.4221413735904 CNY = 711.332120603856 CNY
Hungarian Forint to Chinese Yuan Conversion Table
Hungarian Forint | Chinese Yuan |
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Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.
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).