Convert Chinese Yuan (Offshore) to Ethiopian Birr
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Ethiopian Birr
1 CNH = 0.0524858457286888 ETB
Example: convert 15 CNH to ETB:
15 CNH = 15 × 0.0524858457286888 ETB = 0.787287685930332 ETB
Chinese Yuan (Offshore) to Ethiopian Birr Conversion Table
| Chinese Yuan (Offshore) | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.