Chinese Yuan Renminbi bitcoin exchange rate history (CNY BTC) February 2024

Chinese Yuan Renminbi bitcoin history for February 2024. The highest quote for this month is 8878.8 (28/02/2024) and the lowest 8417.68 (29/02/2024). The difference between high and low is 5.19.

CNY BTC average rate for February 2024 is 6966.18321, the change between 01/02/2024 and 29/02/2024 is -40.19 %.

01 February 2024	1 CNY = 6066.41 BTC
02 February 2024	1 CNY = 6092.38 BTC
03 February 2024	1 CNY = 5990.45 BTC
04 February 2024	1 CNY = 5921.38 BTC
05 February 2024	1 CNY = 5997.62 BTC
06 February 2024	1 CNY = 6061.01 BTC
07 February 2024	1 CNY = 6241.92 BTC
08 February 2024	1 CNY = 6379.51 BTC
09 February 2024	1 CNY = 6633.91 BTC
10 February 2024	1 CNY = 6638.13 BTC
12 February 2024	1 CNY = 6958.94 BTC
13 February 2024	1 CNY = 6916.16 BTC
14 February 2024	1 CNY = 7209.47 BTC
15 February 2024	1 CNY = 7237.92 BTC
16 February 2024	1 CNY = 7280.98 BTC
17 February 2024	1 CNY = 7183.00 BTC
18 February 2024	1 CNY = 7246.89 BTC
19 February 2024	1 CNY = 7273.78 BTC
20 February 2024	1 CNY = 7264.61 BTC
21 February 2024	1 CNY = 7210.20 BTC
22 February 2024	1 CNY = 7137.49 BTC
23 February 2024	1 CNY = 7052.67 BTC
24 February 2024	1 CNY = 7167.93 BTC
25 February 2024	1 CNY = 7190.46 BTC
26 February 2024	1 CNY = 7578.45 BTC
27 February 2024	1 CNY = 7932.60 BTC
28 February 2024	1 CNY = 8684.36 BTC
29 February 2024	1 CNY = 8504.50 BTC

08/02/2021: Tesla's Bitcoin Investment

Tesla announced a $1.5 billion investment in Bitcoin and plans to accept it as a form of payment for its products.

11/05/2020: Third Bitcoin Halving

The block reward for miners was reduced from 12.5 BTC to 6.25 BTC, reducing the rate of new Bitcoin creation.

17/12/2017: Bitcoin Price Peak

Bitcoin reached its all-time high price of nearly $20,000 per BTC during a speculative market frenzy.

01/08/2017: Bitcoin Cash Fork

Bitcoin underwent a hard fork leading to the creation of a new cryptocurrency called Bitcoin Cash (BCH).

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.

28/11/2013: All-Time High (ATH) Price

Bitcoin reached its first significant price milestone by surpassing $1,000 per BTC for the first time.

22/05/2010: Bitcoin Pizza Day

Laszlo Hanyecz made the first recorded real-world transaction using Bitcoin, buying two pizzas for 10,000 BTC.

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.

03/01/2009: Bitcoin Genesis Block

The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.

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.

Historic Chinese Yuan Renminbi Bitcoin