Historic United States dollar Chinese Yuan Renminbi

United States dollar chinese yuan renminbi history since 26/02/2024 until today (0 years). Search for USD to CNY exchange rate history for a particular date, month or year.

is the currency (supplied by Federal Reserve Bank and the Chinese Yuan Renminbi the currency of China supplied by People's Bank of China. The USD CNY historical data can be seen on the United States dollar chinese yuan renminbi historical chart.

28 January 20241 USD = 7.18 CNY
29 January 20241 USD = 7.09 CNY
30 January 20241 USD = 7.08 CNY
31 January 20241 USD = 7.09 CNY
01 February 20241 USD = 7.10 CNY
02 February 20241 USD = 7.09 CNY
03 February 20241 USD = 7.18 CNY
04 February 20241 USD = 7.19 CNY
05 February 20241 USD = 7.11 CNY
06 February 20241 USD = 7.11 CNY
07 February 20241 USD = 7.10 CNY
08 February 20241 USD = 7.10 CNY
09 February 20241 USD = 7.11 CNY
10 February 20241 USD = 7.20 CNY
12 February 20241 USD = 7.18 CNY
13 February 20241 USD = 7.19 CNY
14 February 20241 USD = 7.19 CNY
15 February 20241 USD = 7.18 CNY
16 February 20241 USD = 7.16 CNY
17 February 20241 USD = 7.19 CNY
18 February 20241 USD = 7.19 CNY
19 February 20241 USD = 7.12 CNY
20 February 20241 USD = 7.20 CNY
21 February 20241 USD = 7.19 CNY
22 February 20241 USD = 7.19 CNY
23 February 20241 USD = 7.19 CNY
24 February 20241 USD = 7.19 CNY
25 February 20241 USD = 7.19 CNY
26 February 20241 USD = 7.20 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.