Convert Chinese Yuan to Salvadoran Colón
Please provide values below to convert Chinese Yuan [CNY] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Chinese Yuan.
How to Convert Chinese Yuan to Salvadoran Colón
1 CNY = 0.820872936275045 SVC
Example: convert 15 CNY to SVC:
15 CNY = 15 × 0.820872936275045 SVC = 12.3130940441257 SVC
Chinese Yuan to Salvadoran Colón Conversion Table
| Chinese Yuan | Salvadoran Colón |
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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).
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.