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

Chinese Yuan Renminbi swedish krona history for July 2023. The highest quote for this month is 1.5154 (06/07/2023) and the lowest 1.5108 (06/07/2023). The difference between high and low is 0.3.

CNY SEK average rate for July 2023 is 1.4637, the change between 01/07/2023 and 31/07/2023 is +0.49 %.

03 July 2023	1 CNY = 1.490 SEK
04 July 2023	1 CNY = 1.497 SEK
05 July 2023	1 CNY = 1.498 SEK
06 July 2023	1 CNY = 1.511 SEK
07 July 2023	1 CNY = 1.508 SEK
10 July 2023	1 CNY = 1.502 SEK
11 July 2023	1 CNY = 1.488 SEK
12 July 2023	1 CNY = 1.477 SEK
13 July 2023	1 CNY = 1.447 SEK
14 July 2023	1 CNY = 1.427 SEK
17 July 2023	1 CNY = 1.434 SEK
18 July 2023	1 CNY = 1.428 SEK
19 July 2023	1 CNY = 1.421 SEK
20 July 2023	1 CNY = 1.421 SEK
21 July 2023	1 CNY = 1.442 SEK
24 July 2023	1 CNY = 1.447 SEK
25 July 2023	1 CNY = 1.448 SEK
26 July 2023	1 CNY = 1.453 SEK
27 July 2023	1 CNY = 1.455 SEK
28 July 2023	1 CNY = 1.463 SEK
31 July 2023	1 CNY = 1.482 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.