Convert Chinese Yuan (Offshore) to Indonesian Rupiah
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Indonesian Rupiah
1 CNH = 0.000440296331692634 IDR
Example: convert 15 CNH to IDR:
15 CNH = 15 × 0.000440296331692634 IDR = 0.00660444497538952 IDR
Chinese Yuan (Offshore) to Indonesian Rupiah Conversion Table
| Chinese Yuan (Offshore) | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.