Chinese Yuan Renminbi seychellois rupee exchange rate history (CNY SCR) February 2024

Chinese Yuan Renminbi seychellois rupee history for February 2024. The highest quote for this month is 1.9724 (17/02/2024) and the lowest 1.9724 (17/02/2024). The difference between high and low is 0.

CNY SCR average rate for February 2024 is 1.81468, the change between 01/02/2024 and 29/02/2024 is -1.94 %.

01 February 2024	1 CNY = 1.719 SCR
02 February 2024	1 CNY = 1.761 SCR
03 February 2024	1 CNY = 1.959 SCR
04 February 2024	1 CNY = 1.955 SCR
05 February 2024	1 CNY = 1.883 SCR
06 February 2024	1 CNY = 1.763 SCR
07 February 2024	1 CNY = 1.737 SCR
08 February 2024	1 CNY = 1.738 SCR
09 February 2024	1 CNY = 1.740 SCR
12 February 2024	1 CNY = 1.816 SCR
13 February 2024	1 CNY = 1.852 SCR
14 February 2024	1 CNY = 1.704 SCR
15 February 2024	1 CNY = 1.752 SCR
16 February 2024	1 CNY = 1.777 SCR
17 February 2024	1 CNY = 1.972 SCR
18 February 2024	1 CNY = 1.972 SCR
19 February 2024	1 CNY = 1.911 SCR
20 February 2024	1 CNY = 1.722 SCR
21 February 2024	1 CNY = 1.734 SCR
22 February 2024	1 CNY = 1.742 SCR
23 February 2024	1 CNY = 1.742 SCR
24 February 2024	1 CNY = 1.957 SCR
25 February 2024	1 CNY = 1.957 SCR
26 February 2024	1 CNY = 1.843 SCR
27 February 2024	1 CNY = 1.793 SCR
28 February 2024	1 CNY = 1.747 SCR
29 February 2024	1 CNY = 1.752 SCR

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.