Convert Chinese Yuan (Offshore) to Ugandan Shilling
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Ugandan Shilling
1 CNH = 0.00201093069658298 UGX
Example: convert 15 CNH to UGX:
15 CNH = 15 × 0.00201093069658298 UGX = 0.0301639604487447 UGX
Chinese Yuan (Offshore) to Ugandan Shilling Conversion Table
| Chinese Yuan (Offshore) | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.