Salvadoran Colón chinese yuan renminbi exchange rate history (SVC CNY) September 2023

Salvadoran Colón chinese yuan renminbi history for September 2023. The highest quote for this month is 0.86213 (08/09/2023) and the lowest 0.86001 (08/09/2023). The difference between high and low is 0.25.

SVC CNY average rate for September 2023 is 0.85177, the change between 01/09/2023 and 30/09/2023 is +1.93 %.

01 September 2023	1 SVC = 0.8508 CNY
04 September 2023	1 SVC = 0.8334 CNY
05 September 2023	1 SVC = 0.8522 CNY
06 September 2023	1 SVC = 0.8552 CNY
07 September 2023	1 SVC = 0.8587 CNY
08 September 2023	1 SVC = 0.8598 CNY
11 September 2023	1 SVC = 0.8493 CNY
12 September 2023	1 SVC = 0.8560 CNY
13 September 2023	1 SVC = 0.8550 CNY
14 September 2023	1 SVC = 0.8523 CNY
15 September 2023	1 SVC = 0.8534 CNY
18 September 2023	1 SVC = 0.8547 CNY
19 September 2023	1 SVC = 0.8554 CNY
20 September 2023	1 SVC = 0.8557 CNY
21 September 2023	1 SVC = 0.8541 CNY
22 September 2023	1 SVC = 0.8566 CNY
23 September 2023	1 SVC = 0.8340 CNY
24 September 2023	1 SVC = 0.8340 CNY
25 September 2023	1 SVC = 0.8591 CNY
26 September 2023	1 SVC = 0.8579 CNY
27 September 2023	1 SVC = 0.8578 CNY
28 September 2023	1 SVC = 0.8566 CNY
29 September 2023	1 SVC = 0.8564 CNY
30 September 2023	1 SVC = 0.8343 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.