Convert Bulgarian Lev to Chinese Yuan (Offshore)
Please provide values below to convert Bulgarian Lev [BGN] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Bulgarian Lev.
How to Convert Bulgarian Lev to Chinese Yuan (Offshore)
1 BGN = 0.232530932428681 CNH
Example: convert 15 BGN to CNH:
15 BGN = 15 × 0.232530932428681 CNH = 3.48796398643021 CNH
Bulgarian Lev to Chinese Yuan (Offshore) Conversion Table
| Bulgarian Lev | Chinese Yuan (Offshore) |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.