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

Chinese Yuan Renminbi swedish krona history for September 2023. The highest quote for this month is 1.5415 (18/09/2023) and the lowest 1.5554 (15/09/2023). The difference between high and low is -0.9.

CNY SEK average rate for September 2023 is 1.5224, the change between 01/09/2023 and 30/09/2023 is +0.82 %.

01 September 2023	1 CNY = 1.509 SEK
04 September 2023	1 CNY = 1.546 SEK
05 September 2023	1 CNY = 1.513 SEK
06 September 2023	1 CNY = 1.519 SEK
07 September 2023	1 CNY = 1.518 SEK
08 September 2023	1 CNY = 1.520 SEK
11 September 2023	1 CNY = 1.533 SEK
12 September 2023	1 CNY = 1.521 SEK
13 September 2023	1 CNY = 1.522 SEK
14 September 2023	1 CNY = 1.531 SEK
15 September 2023	1 CNY = 1.538 SEK
18 September 2023	1 CNY = 1.534 SEK
19 September 2023	1 CNY = 1.528 SEK
20 September 2023	1 CNY = 1.529 SEK
21 September 2023	1 CNY = 1.530 SEK
22 September 2023	1 CNY = 1.529 SEK
25 September 2023	1 CNY = 1.524 SEK
26 September 2023	1 CNY = 1.514 SEK
27 September 2023	1 CNY = 1.505 SEK
28 September 2023	1 CNY = 1.514 SEK
29 September 2023	1 CNY = 1.496 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.