Historic Fijian Dollar Chinese Yuan Renminbi

Fijian Dollar chinese yuan renminbi history for August 2023. The highest quote for this month is 3.2628 (22/08/2023) and the lowest 3.2564 (30/08/2023). The difference between high and low is 0.2.

FJD CNY average rate for August 2023 is 3.22523, the change between 01/08/2023 and 31/08/2023 is -1.82 %.

01 August 20231 FJD = 3.190 CNY
02 August 20231 FJD = 3.253 CNY
03 August 20231 FJD = 3.190 CNY
04 August 20231 FJD = 3.181 CNY
07 August 20231 FJD = 3.233 CNY
08 August 20231 FJD = 3.260 CNY
09 August 20231 FJD = 3.239 CNY
10 August 20231 FJD = 3.237 CNY
11 August 20231 FJD = 3.231 CNY
14 August 20231 FJD = 3.222 CNY
15 August 20231 FJD = 3.198 CNY
16 August 20231 FJD = 3.235 CNY
17 August 20231 FJD = 3.232 CNY
18 August 20231 FJD = 3.222 CNY
21 August 20231 FJD = 3.222 CNY
22 August 20231 FJD = 3.198 CNY
23 August 20231 FJD = 3.242 CNY
24 August 20231 FJD = 3.200 CNY
25 August 20231 FJD = 3.230 CNY
28 August 20231 FJD = 3.233 CNY
29 August 20231 FJD = 3.236 CNY
30 August 20231 FJD = 3.247 CNY
31 August 20231 FJD = 3.248 CNY

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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

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.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.