Russian ruble chinese yuan renminbi exchange rate history (RUB CNY) November 2023

Russian ruble chinese yuan renminbi history for November 2023. The highest quote for this month is 0.081118 (18/11/2023) and the lowest 0.082266 (20/11/2023). The difference between high and low is -1.42.

RUB CNY average rate for November 2023 is 0.07977, the change between 01/11/2023 and 30/11/2023 is -1.81 %.

01 November 2023	1 RUB = 0.0784 CNY
02 November 2023	1 RUB = 0.0790 CNY
03 November 2023	1 RUB = 0.0784 CNY
06 November 2023	1 RUB = 0.0796 CNY
07 November 2023	1 RUB = 0.0785 CNY
08 November 2023	1 RUB = 0.0791 CNY
09 November 2023	1 RUB = 0.0793 CNY
10 November 2023	1 RUB = 0.0795 CNY
11 November 2023	1 RUB = 0.0790 CNY
12 November 2023	1 RUB = 0.0790 CNY
13 November 2023	1 RUB = 0.0779 CNY
14 November 2023	1 RUB = 0.0793 CNY
15 November 2023	1 RUB = 0.0801 CNY
16 November 2023	1 RUB = 0.0810 CNY
17 November 2023	1 RUB = 0.0811 CNY
18 November 2023	1 RUB = 0.0811 CNY
19 November 2023	1 RUB = 0.0811 CNY
20 November 2023	1 RUB = 0.0807 CNY
21 November 2023	1 RUB = 0.0810 CNY
22 November 2023	1 RUB = 0.0803 CNY
23 November 2023	1 RUB = 0.0810 CNY
24 November 2023	1 RUB = 0.0803 CNY
25 November 2023	1 RUB = 0.0801 CNY
26 November 2023	1 RUB = 0.0799 CNY
27 November 2023	1 RUB = 0.0794 CNY
28 November 2023	1 RUB = 0.0801 CNY
29 November 2023	1 RUB = 0.0795 CNY
30 November 2023	1 RUB = 0.0798 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.