Historic Salvadoran Colón Chinese Yuan Renminbi

Salvadoran Colón chinese yuan renminbi history for January 2024. The highest quote for this month is 0.84393 (22/01/2024) and the lowest 0.83329 (22/01/2024). The difference between high and low is 1.26.

SVC CNY average rate for January 2024 is 0.82999, the change between 01/01/2024 and 31/01/2024 is -0.61 %.

01 January 20241 SVC = 0.8268 CNY
02 January 20241 SVC = 0.8260 CNY
03 January 20241 SVC = 0.8308 CNY
04 January 20241 SVC = 0.8330 CNY
05 January 20241 SVC = 0.8335 CNY
06 January 20241 SVC = 0.8159 CNY
07 January 20241 SVC = 0.8159 CNY
08 January 20241 SVC = 0.8338 CNY
09 January 20241 SVC = 0.8315 CNY
10 January 20241 SVC = 0.8328 CNY
11 January 20241 SVC = 0.8406 CNY
12 January 20241 SVC = 0.8325 CNY
13 January 20241 SVC = 0.8190 CNY
14 January 20241 SVC = 0.8190 CNY
15 January 20241 SVC = 0.8336 CNY
16 January 20241 SVC = 0.8328 CNY
17 January 20241 SVC = 0.8331 CNY
18 January 20241 SVC = 0.8342 CNY
19 January 20241 SVC = 0.8341 CNY
22 January 20241 SVC = 0.8338 CNY
23 January 20241 SVC = 0.8435 CNY
24 January 20241 SVC = 0.8302 CNY
25 January 20241 SVC = 0.8305 CNY
26 January 20241 SVC = 0.8298 CNY
28 January 20241 SVC = 0.8201 CNY
29 January 20241 SVC = 0.8301 CNY
30 January 20241 SVC = 0.8312 CNY
31 January 20241 SVC = 0.8318 CNY

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.
SVC CNY January 2024
SVC CNY February 2024
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SVC CNY January 2025