Historic Chinese Yuan Renminbi Paraguayan Guaraní

Chinese Yuan Renminbi paraguayan guaraní history for February 2024. The highest quote for this month is 1013.89 (17/02/2024) and the lowest 1013.89 (17/02/2024). The difference between high and low is 0.

CNY PYG average rate for February 2024 is 1003.53815, the change between 01/02/2024 and 29/02/2024 is +1.13 %.

01 February 20241 CNY = 1006.70 PYG
02 February 20241 CNY = 1009.67 PYG
03 February 20241 CNY = 1012.52 PYG
04 February 20241 CNY = 1010.45 PYG
05 February 20241 CNY = 1015.80 PYG
06 February 20241 CNY = 1006.22 PYG
07 February 20241 CNY = 1006.13 PYG
08 February 20241 CNY = 1007.83 PYG
09 February 20241 CNY = 1009.12 PYG
12 February 20241 CNY = 997.3 PYG
13 February 20241 CNY = 995.9 PYG
14 February 20241 CNY = 996.5 PYG
15 February 20241 CNY = 996.4 PYG
16 February 20241 CNY = 999.7 PYG
17 February 20241 CNY = 1013.89 PYG
18 February 20241 CNY = 1013.89 PYG
19 February 20241 CNY = 1007.55 PYG
20 February 20241 CNY = 996.7 PYG
21 February 20241 CNY = 999.1 PYG
22 February 20241 CNY = 998.2 PYG
23 February 20241 CNY = 995.5 PYG
24 February 20241 CNY = 1010.93 PYG
25 February 20241 CNY = 1010.93 PYG
26 February 20241 CNY = 994.3 PYG
27 February 20241 CNY = 994.4 PYG
28 February 20241 CNY = 994.6 PYG
29 February 20241 CNY = 995.3 PYG

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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

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.

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

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.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

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.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

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.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.
CNY PYG August 2023
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