Chinese Yuan Renminbi swedish krona exchange rate history (CNY SEK) August 2023

Chinese Yuan Renminbi swedish krona history for August 2023. The highest quote for this month is 1.5222 (25/08/2023) and the lowest 1.5213 (24/08/2023). The difference between high and low is 0.06.

CNY SEK average rate for August 2023 is 1.49484, the change between 01/08/2023 and 31/08/2023 is -0.31 %.

01 August 2023	1 CNY = 1.483 SEK
02 August 2023	1 CNY = 1.471 SEK
03 August 2023	1 CNY = 1.488 SEK
04 August 2023	1 CNY = 1.489 SEK
07 August 2023	1 CNY = 1.485 SEK
08 August 2023	1 CNY = 1.472 SEK
09 August 2023	1 CNY = 1.485 SEK
10 August 2023	1 CNY = 1.480 SEK
11 August 2023	1 CNY = 1.483 SEK
14 August 2023	1 CNY = 1.506 SEK
15 August 2023	1 CNY = 1.488 SEK
16 August 2023	1 CNY = 1.492 SEK
17 August 2023	1 CNY = 1.496 SEK
18 August 2023	1 CNY = 1.501 SEK
21 August 2023	1 CNY = 1.506 SEK
22 August 2023	1 CNY = 1.521 SEK
23 August 2023	1 CNY = 1.498 SEK
24 August 2023	1 CNY = 1.522 SEK
25 August 2023	1 CNY = 1.513 SEK
28 August 2023	1 CNY = 1.515 SEK
29 August 2023	1 CNY = 1.505 SEK
30 August 2023	1 CNY = 1.494 SEK
31 August 2023	1 CNY = 1.487 SEK

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.