For translation Chinese Yuan Renminbi in Panamanian Balboa enter the desired amount in the left side converter. Swap currencies for reverse transfer. Chinese Yuan Renminbi in Panamanian Balboa can transfer using the Gidfinance-us.com currency converter. Data on our website updated every day – current rate Chinese Yuan Renminbi to Panamanian Balboa downloaded from official sources.
Information updates: 06.07.24 09:00
To calculate the cost of foreign currency conversion, we use market exchange rates 152 currencies of the world.
Country of application:
PRC
Currency
CNY
Code
156
Symbol
¥
Coin denominations in circulation:
1 yuan, 5, 2 and 1 jiao.
Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2 (rare) and 1 yuan, as well as 5, 2 and 1 jiao.
History reference:
The Chinese Yuan is the official currency of the Peoples Republic of China. Until the beginning of the 20th century, in China, for large-scale settlements, they used silver ingots - lyans. Small purc...hases were made using bronze round coins with a square hole in the center - qian, which Europeans call "keshi". Silver yuan began to be made in 1835. The use of silver coins and silver liang was banned in China in 1935. Instead, a boom in paper money began to grow - fabi. A certain easing in monetary policy occurred only in 2005, when the Chinese authorities carried out a revaluation of the yuan, raising its value by 2%. By 2008, the yuan appreciated by more than 20% to 6.82 yuan per US dollar. Nevertheless, even today, the PRC continues to enjoy certain foreign trade advantages, which are based on the undervalued exchange rate of the national currency.
Country of application:
Panama
Currency
PAB
Code
590
Symbol
B /
Coin denominations in circulation:
1 and 5 centesimos, 0.1, 0.25, 0.5, and 1 balboa.
Denominations of banknotes in circulation:
-
History reference:
The Balboa is the currency of the Republic of Panama. Panama money got its name from the Spanish conquistador Vasco Nunez de Balboa, the first European to cross the Isthmus of Panama from the Atlanti...c to the Pacific coast. With the independence of Panama in 1904, it became necessary to introduce a new currency to replace the Colombian peso. The balboa became such a currency. Until 1934, it was relatively independent and had a certain gold content (1.5048 g of pure gold), later a firm 1:1 ratio with the US dollar was established, which has been maintained to this day.
The Chinese Yuan Renminbi to Panamanian Balboa online calculator is easy to use. It is enough to enter the required number of monetary units for the data to be calculated automatically.
Online currency converter is a tool that will allow you to calculate the ratio of Chinese Yuan Renminbi to Panamanian Balboa for today. The exchange rate of Chinese Yuan Renminbi to Panamanian Balboa today, 06.07.24, today 0.1367 CNY to PAB.
Over the past 7 days, the rate of Chinese Yuan Renminbi to Panamanian Balboa has changed by 7.3146%, from to 7.3146 CNY to PAB.
Over the past 30 days, the Chinese Yuan Renminbi to Panamanian Balboa rate has changed by -0%, from 7.3159 to 7.3146 CNY to PAB.
Over the past 365 days, the Chinese Yuan Renminbi to Panamanian Balboa rate has changed by 9.3%, from 6.6917 to 7.3146 CNY to PAB.