Historic Chinese Yuan Renminbi Haitian gourde

Chinese Yuan Renminbi haitian gourde history for February 2024. The highest quote for this month is 18.406 (06/02/2024) and the lowest 18.48 (06/02/2024). The difference between high and low is -0.4.

CNY HTG average rate for February 2024 is 18.31948, the change between 01/02/2024 and 29/02/2024 is +0.43 %.

01 February 20241 CNY = 18.38 HTG
02 February 20241 CNY = 18.42 HTG
03 February 20241 CNY = 18.32 HTG
04 February 20241 CNY = 18.28 HTG
05 February 20241 CNY = 18.53 HTG
06 February 20241 CNY = 18.40 HTG
07 February 20241 CNY = 18.43 HTG
08 February 20241 CNY = 18.42 HTG
09 February 20241 CNY = 18.41 HTG
12 February 20241 CNY = 18.20 HTG
13 February 20241 CNY = 18.18 HTG
14 February 20241 CNY = 18.20 HTG
15 February 20241 CNY = 18.23 HTG
16 February 20241 CNY = 18.25 HTG
17 February 20241 CNY = 18.29 HTG
18 February 20241 CNY = 18.29 HTG
19 February 20241 CNY = 18.40 HTG
20 February 20241 CNY = 18.24 HTG
21 February 20241 CNY = 18.27 HTG
22 February 20241 CNY = 18.30 HTG
23 February 20241 CNY = 18.29 HTG
24 February 20241 CNY = 18.34 HTG
25 February 20241 CNY = 18.34 HTG
26 February 20241 CNY = 18.29 HTG
27 February 20241 CNY = 18.32 HTG
28 February 20241 CNY = 18.31 HTG
29 February 20241 CNY = 18.30 HTG

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.

22/12/2003: Redenomination of the Haitian Currency

To simplify transactions, the Haitian government removes three zeros from the gourde and renames it as the Haitian dollar (HTD), later reverting to the gourde (HTG).

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.

30/09/1991: Overthrow of President Jean-Bertrand Aristide

Political instability and economic crisis lead to President Aristide's ousting, causing further depreciation of the gourde.

01/05/1989: Introduction of the Third Haitian Gourde

A third gourde is introduced to replace the second gourde at a ratio of 1:5, with hopes of stabilizing the economy.

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.

01/02/1967: Introduction of the Second Haitian Gourde

To combat inflation, Haiti replaces the first gourde with a new currency, the second gourde, at a ratio of 1:100.

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.

01/07/1912: Establishment of the Banque Nationale de la République d'Haïti

The Banque Nationale de la République d'Haïti is founded as the central bank responsible for managing the gourde.

01/01/1874: Introduction of the First Haitian Gourde

The Haitian government issues the first official currency, the gourde, to replace various fractional currencies.

01/01/1804: Declaration of Independence

After gaining independence from France, Haiti adopts the gourde as its national currency.