Convert Ghanaian Cedi to Chinese Yuan
Please provide values below to convert Ghanaian Cedi [GHS] to Chinese Yuan [CNY], or Convert Chinese Yuan to Ghanaian Cedi.
How to Convert Ghanaian Cedi to Chinese Yuan
1 GHS = 1.5163021508524 CNY
Example: convert 15 GHS to CNY:
15 GHS = 15 × 1.5163021508524 CNY = 22.7445322627859 CNY
Ghanaian Cedi to Chinese Yuan Conversion Table
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Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.
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).