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

Chinese Yuan Renminbi swedish krona history for November 2023. The highest quote for this month is 1.5353 (01/11/2023) and the lowest 1.5247 (01/11/2023). The difference between high and low is 0.69.

CNY SEK average rate for November 2023 is 1.48302, the change between 01/11/2023 and 30/11/2023 is +4.23 %.

01 November 2023	1 CNY = 1.527 SEK
02 November 2023	1 CNY = 1.525 SEK
03 November 2023	1 CNY = 1.520 SEK
06 November 2023	1 CNY = 1.490 SEK
07 November 2023	1 CNY = 1.502 SEK
08 November 2023	1 CNY = 1.500 SEK
09 November 2023	1 CNY = 1.496 SEK
10 November 2023	1 CNY = 1.499 SEK
13 November 2023	1 CNY = 1.515 SEK
14 November 2023	1 CNY = 1.486 SEK
15 November 2023	1 CNY = 1.460 SEK
16 November 2023	1 CNY = 1.454 SEK
17 November 2023	1 CNY = 1.461 SEK
20 November 2023	1 CNY = 1.460 SEK
21 November 2023	1 CNY = 1.456 SEK
22 November 2023	1 CNY = 1.474 SEK
23 November 2023	1 CNY = 1.464 SEK
24 November 2023	1 CNY = 1.480 SEK
27 November 2023	1 CNY = 1.475 SEK
28 November 2023	1 CNY = 1.461 SEK
29 November 2023	1 CNY = 1.460 SEK
30 November 2023	1 CNY = 1.462 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.