Convert Chinese Yuan to Hungarian Forint
Please provide values below to convert Chinese Yuan [CNY] to Hungarian Forint [HUF], or Convert Hungarian Forint to Chinese Yuan.
How to Convert Chinese Yuan to Hungarian Forint
1 CNY = 0.0210871962133052 HUF
Example: convert 15 CNY to HUF:
15 CNY = 15 × 0.0210871962133052 HUF = 0.316307943199578 HUF
Chinese Yuan to Hungarian Forint Conversion Table
Chinese Yuan | Hungarian Forint |
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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).
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.