Convert Chinese Yuan to Romanian Leu
Please provide values below to convert Chinese Yuan [CNY] to Romanian Leu [RON], or Convert Romanian Leu to Chinese Yuan.
How to Convert Chinese Yuan to Romanian Leu
1 CNY = 1.65541351301458 RON
Example: convert 15 CNY to RON:
15 CNY = 15 × 1.65541351301458 RON = 24.8312026952188 RON
Chinese Yuan to Romanian Leu Conversion Table
Chinese Yuan | Romanian Leu |
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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).
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.