Convert Turkmenistani Manat to Chinese Yuan (Offshore)
Please provide values below to convert Turkmenistani Manat [TMT] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Chinese Yuan (Offshore)
1 TMT = 0.488041654773556 CNH
Example: convert 15 TMT to CNH:
15 TMT = 15 × 0.488041654773556 CNH = 7.32062482160334 CNH
Turkmenistani Manat to Chinese Yuan (Offshore) Conversion Table
| Turkmenistani Manat | Chinese Yuan (Offshore) |
|---|
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.