Convert Salvadoran Colón to Chinese Yuan
Please provide values below to convert Salvadoran Colón [SVC] to Chinese Yuan [CNY], or Convert Chinese Yuan to Salvadoran Colón.
How to Convert Salvadoran Colón to Chinese Yuan
1 SVC = 1.2182153361491 CNY
Example: convert 15 SVC to CNY:
15 SVC = 15 × 1.2182153361491 CNY = 18.2732300422364 CNY
Salvadoran Colón to Chinese Yuan Conversion Table
| Salvadoran Colón | Chinese Yuan |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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).