Convert Chinese Yuan to Brunei Dollar
Please provide values below to convert Chinese Yuan [CNY] to Brunei Dollar [BND], or Convert Brunei Dollar to Chinese Yuan.
How to Convert Chinese Yuan to Brunei Dollar
1 CNY = 5.60636136292591 BND
Example: convert 15 CNY to BND:
15 CNY = 15 × 5.60636136292591 BND = 84.0954204438887 BND
Chinese Yuan to Brunei Dollar Conversion Table
| Chinese Yuan | Brunei Dollar |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.