Convert Chinese Yuan to Brazilian Real
Please provide values below to convert Chinese Yuan [CNY] to Brazilian Real [BRL], or Convert Brazilian Real to Chinese Yuan.
How to Convert Chinese Yuan to Brazilian Real
1 CNY = 1.28864738638405 BRL
Example: convert 15 CNY to BRL:
15 CNY = 15 × 1.28864738638405 BRL = 19.3297107957607 BRL
Chinese Yuan to Brazilian Real Conversion Table
| Chinese Yuan | Brazilian Real |
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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).
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.