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

Chinese Yuan Renminbi swedish krona history for October 2023. The highest quote for this month is 1.5454 (03/10/2023) and the lowest 1.5532 (30/10/2023). The difference between high and low is -0.5.

CNY SEK average rate for October 2023 is 1.51522, the change between 01/10/2023 and 31/10/2023 is +0.04 %.

02 October 2023	1 CNY = 1.524 SEK
03 October 2023	1 CNY = 1.539 SEK
04 October 2023	1 CNY = 1.540 SEK
05 October 2023	1 CNY = 1.536 SEK
06 October 2023	1 CNY = 1.529 SEK
09 October 2023	1 CNY = 1.503 SEK
10 October 2023	1 CNY = 1.500 SEK
11 October 2023	1 CNY = 1.490 SEK
12 October 2023	1 CNY = 1.493 SEK
13 October 2023	1 CNY = 1.504 SEK
16 October 2023	1 CNY = 1.536 SEK
17 October 2023	1 CNY = 1.494 SEK
18 October 2023	1 CNY = 1.493 SEK
19 October 2023	1 CNY = 1.507 SEK
20 October 2023	1 CNY = 1.497 SEK
23 October 2023	1 CNY = 1.501 SEK
24 October 2023	1 CNY = 1.500 SEK
25 October 2023	1 CNY = 1.521 SEK
26 October 2023	1 CNY = 1.523 SEK
27 October 2023	1 CNY = 1.523 SEK
30 October 2023	1 CNY = 1.559 SEK
31 October 2023	1 CNY = 1.524 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.