Russian ruble chinese yuan renminbi exchange rate history (RUB CNY) October 2023

Russian ruble chinese yuan renminbi history for October 2023. The highest quote for this month is 0.078115 (31/10/2023) and the lowest 0.079858 (31/10/2023). The difference between high and low is -2.23.

RUB CNY average rate for October 2023 is 0.0751, the change between 01/10/2023 and 31/10/2023 is -4.44 %.

01 October 2023	1 RUB = 0.0757 CNY
02 October 2023	1 RUB = 0.0731 CNY
03 October 2023	1 RUB = 0.0727 CNY
04 October 2023	1 RUB = 0.0713 CNY
05 October 2023	1 RUB = 0.0724 CNY
06 October 2023	1 RUB = 0.0719 CNY
07 October 2023	1 RUB = 0.0726 CNY
09 October 2023	1 RUB = 0.0723 CNY
10 October 2023	1 RUB = 0.0735 CNY
11 October 2023	1 RUB = 0.0728 CNY
12 October 2023	1 RUB = 0.0747 CNY
13 October 2023	1 RUB = 0.0747 CNY
16 October 2023	1 RUB = 0.0734 CNY
17 October 2023	1 RUB = 0.0751 CNY
18 October 2023	1 RUB = 0.0746 CNY
19 October 2023	1 RUB = 0.0746 CNY
20 October 2023	1 RUB = 0.0760 CNY
21 October 2023	1 RUB = 0.0765 CNY
22 October 2023	1 RUB = 0.0765 CNY
23 October 2023	1 RUB = 0.0767 CNY
24 October 2023	1 RUB = 0.0774 CNY
25 October 2023	1 RUB = 0.0782 CNY
26 October 2023	1 RUB = 0.0779 CNY
27 October 2023	1 RUB = 0.0781 CNY
28 October 2023	1 RUB = 0.0777 CNY
29 October 2023	1 RUB = 0.0775 CNY
30 October 2023	1 RUB = 0.0760 CNY
31 October 2023	1 RUB = 0.0790 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.

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.