Chinese Yuan Renminbi vietnamese dong exchange rate history (CNY VND) January 2024

Chinese Yuan Renminbi vietnamese dong history for January 2024. The highest quote for this month is 3469.96 (24/01/2024) and the lowest 3483.74 (25/01/2024). The difference between high and low is -0.4.

CNY VND average rate for January 2024 is 3439.40296, the change between 01/01/2024 and 31/01/2024 is -0.19 %.

01 January 2024	1 CNY = 3432.08 VND
02 January 2024	1 CNY = 3432.08 VND
03 January 2024	1 CNY = 3431.08 VND
04 January 2024	1 CNY = 3432.93 VND
05 January 2024	1 CNY = 3426.16 VND
06 January 2024	1 CNY = 3413.64 VND
07 January 2024	1 CNY = 3413.64 VND
08 January 2024	1 CNY = 3436.02 VND
09 January 2024	1 CNY = 3431.59 VND
10 January 2024	1 CNY = 3430.21 VND
11 January 2024	1 CNY = 3403.58 VND
12 January 2024	1 CNY = 3445.68 VND
14 January 2024	1 CNY = 3417.53 VND
15 January 2024	1 CNY = 3449.00 VND
16 January 2024	1 CNY = 3447.94 VND
17 January 2024	1 CNY = 3442.70 VND
18 January 2024	1 CNY = 3443.67 VND
19 January 2024	1 CNY = 3449.75 VND
22 January 2024	1 CNY = 3452.89 VND
23 January 2024	1 CNY = 3413.18 VND
24 January 2024	1 CNY = 3470.81 VND
25 January 2024	1 CNY = 3473.60 VND
26 January 2024	1 CNY = 3474.74 VND
28 January 2024	1 CNY = 3427.49 VND
29 January 2024	1 CNY = 3470.63 VND
30 January 2024	1 CNY = 3462.49 VND
31 January 2024	1 CNY = 3438.77 VND

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.