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

Chinese Yuan Renminbi seychellois rupee history for January 2024. The highest quote for this month is 1.9658 (06/01/2024) and the lowest 1.9579 (14/01/2024). The difference between high and low is 0.4.

CNY SCR average rate for January 2024 is 1.81016, the change between 01/01/2024 and 31/01/2024 is +1.99 %.

01 January 2024	1 CNY = 1.796 SCR
02 January 2024	1 CNY = 1.796 SCR
03 January 2024	1 CNY = 1.965 SCR
04 January 2024	1 CNY = 1.794 SCR
05 January 2024	1 CNY = 1.824 SCR
06 January 2024	1 CNY = 1.955 SCR
07 January 2024	1 CNY = 1.955 SCR
08 January 2024	1 CNY = 1.853 SCR
09 January 2024	1 CNY = 1.768 SCR
10 January 2024	1 CNY = 1.776 SCR
11 January 2024	1 CNY = 1.698 SCR
12 January 2024	1 CNY = 1.742 SCR
14 January 2024	1 CNY = 1.958 SCR
15 January 2024	1 CNY = 1.857 SCR
16 January 2024	1 CNY = 1.773 SCR
17 January 2024	1 CNY = 1.737 SCR
18 January 2024	1 CNY = 1.707 SCR
19 January 2024	1 CNY = 1.763 SCR
22 January 2024	1 CNY = 1.865 SCR
23 January 2024	1 CNY = 1.721 SCR
24 January 2024	1 CNY = 1.764 SCR
25 January 2024	1 CNY = 1.764 SCR
26 January 2024	1 CNY = 1.759 SCR
28 January 2024	1 CNY = 1.944 SCR
29 January 2024	1 CNY = 1.850 SCR
30 January 2024	1 CNY = 1.733 SCR
31 January 2024	1 CNY = 1.760 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.