Convert Chinese Yuan to Saint Helena Pound
Please provide values below to convert Chinese Yuan [CNY] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Chinese Yuan.
How to Convert Chinese Yuan to Saint Helena Pound
1 CNY = 9.69053086586519 SHP
Example: convert 15 CNY to SHP:
15 CNY = 15 × 9.69053086586519 SHP = 145.357962987978 SHP
Chinese Yuan to Saint Helena Pound Conversion Table
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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).
Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.