Historic Chinese Yuan Renminbi Omani rial

Chinese Yuan Renminbi omani rial history for November 2023. The highest quote for this month is 0.054207 (29/11/2023) and the lowest 0.054423 (29/11/2023). The difference between high and low is -0.4.

CNY OMR average rate for November 2023 is 0.05324, the change between 01/11/2023 and 30/11/2023 is -3.37 %.

01 November 20231 CNY = 0.0524 OMR
02 November 20231 CNY = 0.0524 OMR
03 November 20231 CNY = 0.0524 OMR
06 November 20231 CNY = 0.0526 OMR
07 November 20231 CNY = 0.0528 OMR
08 November 20231 CNY = 0.0527 OMR
09 November 20231 CNY = 0.0527 OMR
10 November 20231 CNY = 0.0527 OMR
12 November 20231 CNY = 0.0528 OMR
13 November 20231 CNY = 0.0535 OMR
14 November 20231 CNY = 0.0526 OMR
15 November 20231 CNY = 0.0529 OMR
16 November 20231 CNY = 0.0529 OMR
17 November 20231 CNY = 0.0530 OMR
18 November 20231 CNY = 0.0534 OMR
19 November 20231 CNY = 0.0534 OMR
20 November 20231 CNY = 0.0533 OMR
21 November 20231 CNY = 0.0535 OMR
22 November 20231 CNY = 0.0541 OMR
23 November 20231 CNY = 0.0536 OMR
24 November 20231 CNY = 0.0542 OMR
26 November 20231 CNY = 0.0539 OMR
27 November 20231 CNY = 0.0542 OMR
28 November 20231 CNY = 0.0538 OMR
29 November 20231 CNY = 0.0543 OMR
30 November 20231 CNY = 0.0542 OMR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

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.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

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.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.