Convert Chinese Yuan (Offshore) to Bhutanese Ngultrum
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Bhutanese Ngultrum
1 CNH = 0.0830195465569235 BTN
Example: convert 15 CNH to BTN:
15 CNH = 15 × 0.0830195465569235 BTN = 1.24529319835385 BTN
Chinese Yuan (Offshore) to Bhutanese Ngultrum Conversion Table
| Chinese Yuan (Offshore) | Bhutanese Ngultrum |
|---|
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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.