Chinese Yuan Renminbi israeli sheqel exchange rate history (CNY ILS) October 2023

Chinese Yuan Renminbi israeli sheqel history for October 2023. The highest quote for this month is 0.55801 (26/10/2023) and the lowest 0.56252 (30/10/2023). The difference between high and low is -0.81.

CNY ILS average rate for October 2023 is 0.54536, the change between 01/10/2023 and 31/10/2023 is -5.94 %.

01 October 2023	1 CNY = 0.5211 ILS
02 October 2023	1 CNY = 0.5311 ILS
03 October 2023	1 CNY = 0.5348 ILS
04 October 2023	1 CNY = 0.5345 ILS
05 October 2023	1 CNY = 0.5349 ILS
06 October 2023	1 CNY = 0.5368 ILS
07 October 2023	1 CNY = 0.5258 ILS
08 October 2023	1 CNY = 0.5285 ILS
09 October 2023	1 CNY = 0.5285 ILS
10 October 2023	1 CNY = 0.5419 ILS
11 October 2023	1 CNY = 0.5410 ILS
12 October 2023	1 CNY = 0.5419 ILS
13 October 2023	1 CNY = 0.5432 ILS
16 October 2023	1 CNY = 0.5544 ILS
17 October 2023	1 CNY = 0.5471 ILS
18 October 2023	1 CNY = 0.5497 ILS
19 October 2023	1 CNY = 0.5503 ILS
20 October 2023	1 CNY = 0.5525 ILS
21 October 2023	1 CNY = 0.5546 ILS
22 October 2023	1 CNY = 0.5546 ILS
23 October 2023	1 CNY = 0.5546 ILS
24 October 2023	1 CNY = 0.5553 ILS
25 October 2023	1 CNY = 0.5550 ILS
26 October 2023	1 CNY = 0.5553 ILS
27 October 2023	1 CNY = 0.5572 ILS
28 October 2023	1 CNY = 0.5561 ILS
29 October 2023	1 CNY = 0.5564 ILS
30 October 2023	1 CNY = 0.5661 ILS
31 October 2023	1 CNY = 0.5521 ILS

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

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.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Chinese Yuan Renminbi Israeli Sheqel