Convert Chinese Yuan to Algerian Dinar
Please provide values below to convert Chinese Yuan [CNY] to Algerian Dinar [DZD], or Convert Algerian Dinar to Chinese Yuan.
How to Convert Chinese Yuan to Algerian Dinar
1 CNY = 0.0551834641144792 DZD
Example: convert 15 CNY to DZD:
15 CNY = 15 × 0.0551834641144792 DZD = 0.827751961717188 DZD
Chinese Yuan to Algerian Dinar Conversion Table
| Chinese Yuan | Algerian Dinar |
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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).
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.