Convert Bitcoin to Chinese Yuan (Offshore)
Please provide values below to convert Bitcoin [BTC] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Bitcoin.
How to Convert Bitcoin to Chinese Yuan (Offshore)
1 BTC = 1.17825931306828e-06 CNH
Example: convert 15 BTC to CNH:
15 BTC = 15 × 1.17825931306828e-06 CNH = 1.76738896960241e-05 CNH
Bitcoin to Chinese Yuan (Offshore) Conversion Table
| Bitcoin | Chinese Yuan (Offshore) |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.