Convert Chinese Yuan to Iraqi Dinar
Please provide values below to convert Chinese Yuan [CNY] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Chinese Yuan.
How to Convert Chinese Yuan to Iraqi Dinar
1 CNY = 0.00547771218107764 IQD
Example: convert 15 CNY to IQD:
15 CNY = 15 × 0.00547771218107764 IQD = 0.0821656827161646 IQD
Chinese Yuan to Iraqi Dinar Conversion Table
Chinese Yuan | Iraqi Dinar |
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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).
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.