Convert Chinese Yuan to Sudanese Pound
Please provide values below to convert Chinese Yuan [CNY] to Sudanese Pound [SDG], or Convert Sudanese Pound to Chinese Yuan.
How to Convert Chinese Yuan to Sudanese Pound
1 CNY = 0.015977544711134 SDG
Example: convert 15 CNY to SDG:
15 CNY = 15 × 0.015977544711134 SDG = 0.239663170667011 SDG
Chinese Yuan to Sudanese Pound Conversion Table
| Chinese Yuan | Sudanese Pound |
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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).
Sudanese Pound
The Sudanese Pound (SDG) is the official currency of Sudan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Sudanese Pound was introduced in 1956, replacing the Sudanese Piastre. It has undergone several redenominations and reforms, notably in 2007 when the currency was revalued following economic challenges and the country's separation from South Sudan.
Current Use
Today, the Sudanese Pound is the legal tender in Sudan, used in banking, commerce, and daily transactions. It exists in both banknotes and coins, with ongoing efforts to stabilize and modernize the currency system.