Sunday, March 26, 2017 10:44 PM
Currencies rates online for New Zealand Dollar (NZD) to Chinese Renminbi (CNH).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to Chinese Renminbi (CNH) to New Zealand Dollar (NZD).
The currency converter uses the latest Forex exchange rates.
The New Zealand dollar (symbol: $; currency code: NZD) is the official currency of the Realm of New Zealand and of the Pitcairn Islands. It is sometimes abbreviated as NZ$ to distinguish between it and other dollar-denominated currencies. One (1) dollar is equal to one hundred (100) cents.
The New Zealand dollar is among the ten most heavily traded currencies worldwide. It is frequently referred to by traders as the “kiwi” due to the association between New Zealand and the indigenous bird, which is also depicted on the one-dollar coin.
The Chinese renminbi (symbol: ¥; currency code: CNY, CNH – when traded in Hong Kong –) is the official currency of the People’s Republic of China. It is often abbreviated as RMB or CN¥, to distinguish between it and other currencies with the same symbol. The basic unit of the renminbi is the yuan, which is often employed to refer to the Chinese currency in general. One (1) yuan is equal to ten (10) jiao, and one (1) jiao is equal to ten (10) fen.
The renminbi is issued by the People’s Bank of China and, as of 2015, is the fifth most heavily traded currency in the world.
During the Republic of China era, several different currencies were in circulation. These were replaced by one currency in 1948, issued by the People’s Bank of China after the Communist Party of China gained greater control. This currency eventually came to be known as the renminbi in 1949.