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

Chinese Yuan Renminbi swedish krona history for June 2023. The highest quote for this month is 1.5349 (07/06/2023) and the lowest 1.5258 (05/06/2023). The difference between high and low is 0.59.

CNY SEK average rate for June 2023 is 1.50425, the change between 01/06/2023 and 30/06/2023 is +1.77 %.

01 June 2023	1 CNY = 1.525 SEK
02 June 2023	1 CNY = 1.524 SEK
05 June 2023	1 CNY = 1.527 SEK
06 June 2023	1 CNY = 1.526 SEK
07 June 2023	1 CNY = 1.533 SEK
08 June 2023	1 CNY = 1.528 SEK
09 June 2023	1 CNY = 1.519 SEK
12 June 2023	1 CNY = 1.518 SEK
13 June 2023	1 CNY = 1.513 SEK
14 June 2023	1 CNY = 1.490 SEK
15 June 2023	1 CNY = 1.494 SEK
16 June 2023	1 CNY = 1.488 SEK
19 June 2023	1 CNY = 1.493 SEK
20 June 2023	1 CNY = 1.499 SEK
21 June 2023	1 CNY = 1.502 SEK
22 June 2023	1 CNY = 1.483 SEK
23 June 2023	1 CNY = 1.489 SEK
26 June 2023	1 CNY = 1.493 SEK
27 June 2023	1 CNY = 1.480 SEK
28 June 2023	1 CNY = 1.486 SEK
29 June 2023	1 CNY = 1.487 SEK
30 June 2023	1 CNY = 1.498 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.