Convert Chinese Yuan to Egyptian Pound
Please provide values below to convert Chinese Yuan [CNY] to Egyptian Pound [EGP], or Convert Egyptian Pound to Chinese Yuan.
How to Convert Chinese Yuan to Egyptian Pound
1 CNY = 0.146186544292654 EGP
Example: convert 15 CNY to EGP:
15 CNY = 15 × 0.146186544292654 EGP = 2.19279816438981 EGP
Chinese Yuan to Egyptian Pound Conversion Table
Chinese Yuan | Egyptian Pound |
---|
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).
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.