Convert Australian Dollar to Chinese Yuan (Offshore)
Please provide values below to convert Australian Dollar [AUD] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Australian Dollar.
How to Convert Australian Dollar to Chinese Yuan (Offshore)
1 AUD = 0.213232370994206 CNH
Example: convert 15 AUD to CNH:
15 AUD = 15 × 0.213232370994206 CNH = 3.1984855649131 CNH
Australian Dollar to Chinese Yuan (Offshore) Conversion Table
| Australian Dollar | Chinese Yuan (Offshore) |
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.