Historic Swedish krona Chinese Yuan Renminbi

Swedish krona chinese yuan renminbi history for November 2023. The highest quote for this month is 0.68584 (21/11/2023) and the lowest 0.68897 (16/11/2023). The difference between high and low is -0.46.

SEK CNY average rate for November 2023 is 0.67447, the change between 01/11/2023 and 30/11/2023 is -4.42 %.

01 November 20231 SEK = 0.6550 CNY
02 November 20231 SEK = 0.6559 CNY
03 November 20231 SEK = 0.6580 CNY
06 November 20231 SEK = 0.6710 CNY
07 November 20231 SEK = 0.6659 CNY
08 November 20231 SEK = 0.6665 CNY
09 November 20231 SEK = 0.6686 CNY
10 November 20231 SEK = 0.6669 CNY
13 November 20231 SEK = 0.6600 CNY
14 November 20231 SEK = 0.6728 CNY
15 November 20231 SEK = 0.6850 CNY
16 November 20231 SEK = 0.6878 CNY
17 November 20231 SEK = 0.6843 CNY
20 November 20231 SEK = 0.6850 CNY
21 November 20231 SEK = 0.6867 CNY
22 November 20231 SEK = 0.6786 CNY
23 November 20231 SEK = 0.6829 CNY
24 November 20231 SEK = 0.6758 CNY
27 November 20231 SEK = 0.6779 CNY
28 November 20231 SEK = 0.6845 CNY
29 November 20231 SEK = 0.6852 CNY
30 November 20231 SEK = 0.6840 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.