Convert Chinese Yuan to Bolivian Boliviano
Please provide values below to convert Chinese Yuan [CNY] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Chinese Yuan.
How to Convert Chinese Yuan to Bolivian Boliviano
1 CNY = 1.03813093308636 BOB
Example: convert 15 CNY to BOB:
15 CNY = 15 × 1.03813093308636 BOB = 15.5719639962954 BOB
Chinese Yuan to Bolivian Boliviano Conversion Table
| Chinese Yuan | Bolivian Boliviano |
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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).
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.