Chinese Yuan Renminbi salvadoran colón exchange rate history (CNY SVC) February 2024

Chinese Yuan Renminbi salvadoran colón history for February 2024. The highest quote for this month is 1.2192 (03/02/2024) and the lowest 1.2192 (03/02/2024). The difference between high and low is 0.

CNY SVC average rate for February 2024 is 1.19812, the change between 01/02/2024 and 29/02/2024 is +1.35 %.

01 February 2024	1 CNY = 1.199 SVC
02 February 2024	1 CNY = 1.203 SVC
03 February 2024	1 CNY = 1.219 SVC
04 February 2024	1 CNY = 1.217 SVC
05 February 2024	1 CNY = 1.210 SVC
06 February 2024	1 CNY = 1.201 SVC
07 February 2024	1 CNY = 1.202 SVC
08 February 2024	1 CNY = 1.201 SVC
09 February 2024	1 CNY = 1.201 SVC
10 February 2024	1 CNY = 1.216 SVC
12 February 2024	1 CNY = 1.187 SVC
13 February 2024	1 CNY = 1.185 SVC
14 February 2024	1 CNY = 1.186 SVC
15 February 2024	1 CNY = 1.188 SVC
16 February 2024	1 CNY = 1.190 SVC
17 February 2024	1 CNY = 1.217 SVC
18 February 2024	1 CNY = 1.217 SVC
19 February 2024	1 CNY = 1.198 SVC
20 February 2024	1 CNY = 1.185 SVC
21 February 2024	1 CNY = 1.186 SVC
22 February 2024	1 CNY = 1.186 SVC
23 February 2024	1 CNY = 1.186 SVC
24 February 2024	1 CNY = 1.216 SVC
25 February 2024	1 CNY = 1.216 SVC
26 February 2024	1 CNY = 1.184 SVC
27 February 2024	1 CNY = 1.185 SVC
28 February 2024	1 CNY = 1.185 SVC
29 February 2024	1 CNY = 1.183 SVC

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.