Convert Russian Ruble to Chinese Yuan
Please provide values below to convert Russian Ruble [RUB] to Chinese Yuan [CNY], or Convert Chinese Yuan to Russian Ruble.
How to Convert Russian Ruble to Chinese Yuan
1 RUB = 10.9299544180989 CNY
Example: convert 15 RUB to CNY:
15 RUB = 15 × 10.9299544180989 CNY = 163.949316271484 CNY
Russian Ruble to Chinese Yuan Conversion Table
Russian Ruble | Chinese Yuan |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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).