Convert Chinese Yuan to Czech Republic Koruna
Please provide values below to convert Chinese Yuan [CNY] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Chinese Yuan.
How to Convert Chinese Yuan to Czech Republic Koruna
1 CNY = 0.341663094727818 CZK
Example: convert 15 CNY to CZK:
15 CNY = 15 × 0.341663094727818 CZK = 5.12494642091727 CZK
Chinese Yuan to Czech Republic Koruna Conversion Table
Chinese Yuan | Czech Republic Koruna |
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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).
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.