Convert Tanzanian Shilling to Chinese Yuan (Offshore)
Please provide values below to convert Tanzanian Shilling [TZS] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Chinese Yuan (Offshore)
1 TZS = 358.378915261885 CNH
Example: convert 15 TZS to CNH:
15 TZS = 15 × 358.378915261885 CNH = 5375.68372892828 CNH
Tanzanian Shilling to Chinese Yuan (Offshore) Conversion Table
| Tanzanian Shilling | Chinese Yuan (Offshore) |
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Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.
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.