Convert Indian Rupee to Chinese Yuan
Please provide values below to convert Indian Rupee [INR] to Chinese Yuan [CNY], or Convert Chinese Yuan to Indian Rupee.
How to Convert Indian Rupee to Chinese Yuan
1 INR = 12.0418879549478 CNY
Example: convert 15 INR to CNY:
15 INR = 15 × 12.0418879549478 CNY = 180.628319324217 CNY
Indian Rupee to Chinese Yuan Conversion Table
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Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
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).