Historic Chinese Yuan Renminbi Barbadian dollar

Chinese Yuan Renminbi barbadian dollar history for December 2023. The highest quote for this month is 0.2818 (30/12/2023) and the lowest 0.2818 (30/12/2023). The difference between high and low is 0.

CNY BBD average rate for December 2023 is 0.27834, the change between 01/12/2023 and 31/12/2023 is -1.03 %.

01 December 20231 CNY = 0.2789 BBD
02 December 20231 CNY = 0.2802 BBD
03 December 20231 CNY = 0.2802 BBD
04 December 20231 CNY = 0.2796 BBD
05 December 20231 CNY = 0.2767 BBD
06 December 20231 CNY = 0.2761 BBD
07 December 20231 CNY = 0.2765 BBD
08 December 20231 CNY = 0.2762 BBD
09 December 20231 CNY = 0.2792 BBD
10 December 20231 CNY = 0.2792 BBD
11 December 20231 CNY = 0.2773 BBD
12 December 20231 CNY = 0.2752 BBD
13 December 20231 CNY = 0.2749 BBD
14 December 20231 CNY = 0.2751 BBD
15 December 20231 CNY = 0.2791 BBD
16 December 20231 CNY = 0.2810 BBD
17 December 20231 CNY = 0.2810 BBD
18 December 20231 CNY = 0.2806 BBD
19 December 20231 CNY = 0.2767 BBD
20 December 20231 CNY = 0.2790 BBD
21 December 20231 CNY = 0.2766 BBD
22 December 20231 CNY = 0.2764 BBD
23 December 20231 CNY = 0.2805 BBD
24 December 20231 CNY = 0.2805 BBD
25 December 20231 CNY = 0.2790 BBD
26 December 20231 CNY = 0.2769 BBD
27 December 20231 CNY = 0.2768 BBD
28 December 20231 CNY = 0.2764 BBD
29 December 20231 CNY = 0.2792 BBD
30 December 20231 CNY = 0.2818 BBD
31 December 20231 CNY = 0.2818 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.