Historic Swedish krona Chinese Yuan Renminbi

Swedish krona chinese yuan renminbi history for July 2023. The highest quote for this month is 0.70226 (19/07/2023) and the lowest 0.70443 (19/07/2023). The difference between high and low is -0.31.

SEK CNY average rate for July 2023 is 0.68349, the change between 01/07/2023 and 31/07/2023 is -0.49 %.

03 July 20231 SEK = 0.6714 CNY
04 July 20231 SEK = 0.6678 CNY
05 July 20231 SEK = 0.6675 CNY
06 July 20231 SEK = 0.6619 CNY
07 July 20231 SEK = 0.6633 CNY
10 July 20231 SEK = 0.6659 CNY
11 July 20231 SEK = 0.6721 CNY
12 July 20231 SEK = 0.6770 CNY
13 July 20231 SEK = 0.6913 CNY
14 July 20231 SEK = 0.7010 CNY
17 July 20231 SEK = 0.6976 CNY
18 July 20231 SEK = 0.7002 CNY
19 July 20231 SEK = 0.7036 CNY
20 July 20231 SEK = 0.7036 CNY
21 July 20231 SEK = 0.6937 CNY
24 July 20231 SEK = 0.6911 CNY
25 July 20231 SEK = 0.6907 CNY
26 July 20231 SEK = 0.6881 CNY
27 July 20231 SEK = 0.6874 CNY
28 July 20231 SEK = 0.6837 CNY
31 July 20231 SEK = 0.6747 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.