Historic Chinese Yuan Renminbi Russian ruble

Chinese Yuan Renminbi russian ruble history for February 2024. The highest quote for this month is 13.166 (24/02/2024) and the lowest 13.01 (24/02/2024). The difference between high and low is 1.18.

CNY RUB average rate for February 2024 is 12.802, the change between 01/02/2024 and 29/02/2024 is -0.75 %.

01 February 20241 CNY = 12.67 RUB
02 February 20241 CNY = 12.75 RUB
03 February 20241 CNY = 12.68 RUB
04 February 20241 CNY = 12.65 RUB
05 February 20241 CNY = 12.79 RUB
06 February 20241 CNY = 12.80 RUB
07 February 20241 CNY = 12.75 RUB
08 February 20241 CNY = 12.75 RUB
09 February 20241 CNY = 12.83 RUB
10 February 20241 CNY = 12.64 RUB
12 February 20241 CNY = 12.73 RUB
13 February 20241 CNY = 12.70 RUB
14 February 20241 CNY = 12.73 RUB
15 February 20241 CNY = 12.77 RUB
16 February 20241 CNY = 12.88 RUB
17 February 20241 CNY = 12.79 RUB
18 February 20241 CNY = 12.78 RUB
19 February 20241 CNY = 12.96 RUB
20 February 20241 CNY = 12.85 RUB
21 February 20241 CNY = 12.81 RUB
22 February 20241 CNY = 12.81 RUB
23 February 20241 CNY = 12.93 RUB
24 February 20241 CNY = 13.01 RUB
25 February 20241 CNY = 13.17 RUB
26 February 20241 CNY = 12.93 RUB
27 February 20241 CNY = 12.77 RUB
28 February 20241 CNY = 12.76 RUB
29 February 20241 CNY = 12.77 RUB

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.

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.

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.

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.

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.