Chinese Yuan Renminbi russian ruble exchange rate history (CNY RUB) June 2023

Chinese Yuan Renminbi russian ruble history for June 2023. The highest quote for this month is 12.351 (30/06/2023) and the lowest 11.989 (30/06/2023). The difference between high and low is 2.93.

CNY RUB average rate for June 2023 is 11.61676, the change between 01/06/2023 and 30/06/2023 is -4.44 %.

01 June 2023	1 CNY = 11.46 RUB
02 June 2023	1 CNY = 11.42 RUB
03 June 2023	1 CNY = 11.48 RUB
05 June 2023	1 CNY = 11.40 RUB
06 June 2023	1 CNY = 11.34 RUB
07 June 2023	1 CNY = 11.42 RUB
08 June 2023	1 CNY = 11.44 RUB
09 June 2023	1 CNY = 11.53 RUB
10 June 2023	1 CNY = 11.59 RUB
12 June 2023	1 CNY = 11.60 RUB
13 June 2023	1 CNY = 11.74 RUB
14 June 2023	1 CNY = 11.71 RUB
15 June 2023	1 CNY = 11.72 RUB
16 June 2023	1 CNY = 11.72 RUB
17 June 2023	1 CNY = 11.76 RUB
19 June 2023	1 CNY = 11.71 RUB
20 June 2023	1 CNY = 11.71 RUB
21 June 2023	1 CNY = 11.80 RUB
22 June 2023	1 CNY = 11.65 RUB
23 June 2023	1 CNY = 11.28 RUB
26 June 2023	1 CNY = 11.65 RUB
27 June 2023	1 CNY = 11.66 RUB
28 June 2023	1 CNY = 11.82 RUB
29 June 2023	1 CNY = 11.85 RUB
30 June 2023	1 CNY = 11.97 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.