Convert Chinese Yuan to Danish Krone
Please provide values below to convert Chinese Yuan [CNY] to Danish Krone [DKK], or Convert Danish Krone to Chinese Yuan.
How to Convert Chinese Yuan to Danish Krone
1 CNY = 1.12818456312512 DKK
Example: convert 15 CNY to DKK:
15 CNY = 15 × 1.12818456312512 DKK = 16.9227684468768 DKK
Chinese Yuan to Danish Krone Conversion Table
Chinese Yuan | Danish Krone |
---|
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).
Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.