Convert Chinese Yuan to Uruguayan Peso
Please provide values below to convert Chinese Yuan [CNY] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Chinese Yuan.
How to Convert Chinese Yuan to Uruguayan Peso
1 CNY = 0.178012848667118 UYU
Example: convert 15 CNY to UYU:
15 CNY = 15 × 0.178012848667118 UYU = 2.67019273000677 UYU
Chinese Yuan to Uruguayan Peso Conversion Table
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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).
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.