Convert Dominican Peso to Chinese Yuan (Offshore)
Please provide values below to convert Dominican Peso [DOP] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Dominican Peso.
How to Convert Dominican Peso to Chinese Yuan (Offshore)
1 DOP = 8.41537197349683 CNH
Example: convert 15 DOP to CNH:
15 DOP = 15 × 8.41537197349683 CNH = 126.230579602452 CNH
Dominican Peso to Chinese Yuan (Offshore) Conversion Table
| Dominican Peso | Chinese Yuan (Offshore) |
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Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.