Israeli Sheqel chinese yuan renminbi exchange rate history (ILS CNY) October 2023

Israeli Sheqel chinese yuan renminbi history for October 2023. The highest quote for this month is 1.9133 (01/10/2023) and the lowest 1.919 (01/10/2023). The difference between high and low is -0.3.

ILS CNY average rate for October 2023 is 1.83447, the change between 01/10/2023 and 31/10/2023 is +5.61 %.

01 October 2023	1 ILS = 1.919 CNY
02 October 2023	1 ILS = 1.883 CNY
03 October 2023	1 ILS = 1.870 CNY
04 October 2023	1 ILS = 1.871 CNY
05 October 2023	1 ILS = 1.869 CNY
06 October 2023	1 ILS = 1.863 CNY
07 October 2023	1 ILS = 1.902 CNY
08 October 2023	1 ILS = 1.892 CNY
09 October 2023	1 ILS = 1.892 CNY
10 October 2023	1 ILS = 1.845 CNY
11 October 2023	1 ILS = 1.849 CNY
12 October 2023	1 ILS = 1.846 CNY
13 October 2023	1 ILS = 1.841 CNY
16 October 2023	1 ILS = 1.804 CNY
17 October 2023	1 ILS = 1.828 CNY
18 October 2023	1 ILS = 1.819 CNY
19 October 2023	1 ILS = 1.817 CNY
20 October 2023	1 ILS = 1.810 CNY
21 October 2023	1 ILS = 1.803 CNY
22 October 2023	1 ILS = 1.803 CNY
23 October 2023	1 ILS = 1.803 CNY
24 October 2023	1 ILS = 1.801 CNY
25 October 2023	1 ILS = 1.802 CNY
26 October 2023	1 ILS = 1.801 CNY
27 October 2023	1 ILS = 1.795 CNY
28 October 2023	1 ILS = 1.798 CNY
29 October 2023	1 ILS = 1.797 CNY
30 October 2023	1 ILS = 1.766 CNY
31 October 2023	1 ILS = 1.811 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

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.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Israeli Sheqel Chinese Yuan Renminbi