Historic Chinese Yuan Renminbi Brunei dollar

Chinese Yuan Renminbi brunei dollar history for February 2024. The highest quote for this month is 0.18723 (03/02/2024) and the lowest 0.18717 (17/02/2024). The difference between high and low is 0.03.

CNY BND average rate for February 2024 is 0.18515, the change between 01/02/2024 and 29/02/2024 is +0.91 %.

01 February 20241 CNY = 0.1852 BND
02 February 20241 CNY = 0.1859 BND
03 February 20241 CNY = 0.1870 BND
04 February 20241 CNY = 0.1866 BND
05 February 20241 CNY = 0.1862 BND
06 February 20241 CNY = 0.1863 BND
07 February 20241 CNY = 0.1864 BND
08 February 20241 CNY = 0.1859 BND
09 February 20241 CNY = 0.1863 BND
12 February 20241 CNY = 0.1841 BND
13 February 20241 CNY = 0.1837 BND
14 February 20241 CNY = 0.1839 BND
15 February 20241 CNY = 0.1848 BND
16 February 20241 CNY = 0.1848 BND
17 February 20241 CNY = 0.1872 BND
18 February 20241 CNY = 0.1871 BND
19 February 20241 CNY = 0.1858 BND
20 February 20241 CNY = 0.1837 BND
21 February 20241 CNY = 0.1839 BND
22 February 20241 CNY = 0.1838 BND
23 February 20241 CNY = 0.1833 BND
24 February 20241 CNY = 0.1866 BND
25 February 20241 CNY = 0.1866 BND
26 February 20241 CNY = 0.1835 BND
27 February 20241 CNY = 0.1836 BND
28 February 20241 CNY = 0.1834 BND
29 February 20241 CNY = 0.1835 BND

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

29/11/2015: Inclusion of the Renminbi in IMF's SDR Basket

The International Monetary Fund (IMF) includes the Renminbi in its Special Drawing Rights (SDR) basket, recognizing its global importance as a reserve currency and boosting the international status of the Chinese Yuan Renminbi.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

18/06/2009: Resumption of Renminbi Appreciation

China allows the Renminbi to resume an appreciation trajectory against the US dollar after a period of stability, signaling a shift in the country's exchange rate policy.

20/07/2005: Introduction of Managed Float

China adopts a managed floating exchange rate system, allowing the Renminbi to fluctuate within a narrow band against a basket of currencies, reducing its dependence on the US dollar.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

31/12/1993: Renminbi Pegged to US Dollar

China pegs the value of the Renminbi to the US dollar, setting an exchange rate of 8.28 Yuan per dollar, which remains fixed for over a decade, impacting China's export competitiveness.

31/12/1992: Introduction of Dual Currency System

China introduces a dual currency system, with the offshore Renminbi (CNH) and the onshore Renminbi (CNY), aiming to facilitate foreign exchange flows and international trade.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

14/08/1971: End of the Bretton Woods System

The United States suspends the convertibility of the US dollar to gold, leading to the collapse of the Bretton Woods System and a shift towards floating exchange rates, affecting the value of the Chinese Yuan Renminbi.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

14/12/1948: Formation of the People's Bank of China

The People's Bank of China was established, marking the beginning of central banking in China and the introduction of the Chinese Yuan Renminbi as the official currency.