What was the exchange rate of RMB to USD in 1992?

Updated on Financial 2024-04-15
12 answers
  1. Anonymous users2024-02-07

    In 92, the exchange of dollars for RMB was about the same, but it was not officially linked at that time, but it was convertible in the bank, after all, the reform and opening up, the country wanted to earn foreign exchange.

    The following is an introduction to the RMB exchange rate.

    The exchange rate refers to the comparison and exchange rate between the currencies of two countries. The RMB exchange rate refers to the ratio and exchange rate between RMB and foreign currencies.

    The RMB exchange rate represents the external value of the RMB and is determined by the State Administration of Foreign Exchange.

    On the basis of the principle of independence and unity, with reference to the comparative level of domestic and foreign prices and the fluctuation of the exchange rate in the international financial market, it is uniformly formulated and adjusted, and announced to the domestic and foreign countries on a daily basis.

    That is, the number of foreign currencies in a fixed unit (such as etc.) is converted into a certain amount of RMB, which is used to express the exchange rate of RMB against foreign currencies. The size of the fixed unit of foreign currency depends on the value of each foreign currency, except for the renminbi against the Belgian franc and the Italian lira.

    The exchange rate is one hundred thousand (10,000) units, and the exchange rate against the Japanese yen is one hundred thousand (100,000) units. [1]

    Average annual exchange rate. Voice.

    Basic definitions. The average annual exchange rate of RMB against major foreign currencies over the years is based on the daily exchange rate provided by the State Administration of Foreign Exchange (SAFE) for that year.

    A weighted average is performed.

    The average exchange rate for the current year. [2]

    Average exchange rate. 2020 [3].

    In 2019.

    In 2018.

    2017 [4].

    In 2016 [5].

    In 2015 [2].

    In 2014.

    In 2013.

    In 2012.

    Year 2011.

    In 2010.

    In 2009.

    In 2008.

    In 2007.

    Year 2006.

    In 2005.

    Year 2004.

    In 2003.

    Year 2002.

    Year 2001.

    Year 2000.

    1999 year.

    1998 year.

    1997 year.

    1996 year.

    1995 year.

    1994 year.

    1993 year.

    1992 year.

    1991 year.

    1990 year.

    1989 year.

    1988 year.

    1987 year.

    1986 year.

    1985 year.

    1984 year.

    1983 year.

    1982 year.

    1981 year.

    1980 year.

    1979 year.

    1978 year.

    1977 year.

    1976 year.

    1975 year.

    1974 year.

    1973 year.

    1972 year.

    From 1953 to 1971 [6].

    From 1949 to 1952, it was a floating exchange rate.

  2. Anonymous users2024-02-06

    What kind of mentality to say 1:8. 92 average exchange rate 1:

  3. Anonymous users2024-02-05

    I don't know why I have to ask about the exchange rate in '92? Foreign exchange is always moving, now 1 US dollar = RMB yuan; It's a lot different from the exchange rate in 92!

  4. Anonymous users2024-02-04

    In 1991, 1 US dollar was exchanged for RMB to dismantle the oak. The rapid depreciation of the renminbi was from 93 to 94, and after the depreciation, it was 1: chain royal sale.

  5. Anonymous users2024-02-03

    The annual exchange ratio between the US dollar and the RMB reaches 1:, that is, 1 US dollar is exchanged for RMB.

    2.The "exchange rate", also known as the "foreign exchange market" or "exchange rate", is the ratio at which one currency is exchanged for another.

  6. Anonymous users2024-02-02

    The exchange rate between Japanese Yen and Renminbi is constantly changing, and the current real-time exchange rate is subject to change.

    Path: Input"Japanese yen to renminbi exchange rate"Can;

  7. Anonymous users2024-02-01

    Hello, probably, the above is the middle price of the exchange rate at the end of 2003, for your reference, it is in units of 100 US dollars, I hope it can help you.

  8. Anonymous users2024-01-31

    Since the foreign exchange rate changes in real time, you can log in to our homepage and click on "Real-time Foreign Exchange Rate" under "Real-time Financial Information" on the right side to view. (On the left side of the page, you can click on the Foreign Exchange Calculator).

  9. Anonymous users2024-01-30

    92 USD = Chinese Yuan.

    The exchange rate is constantly changing, please refer to the current exchange rate of the day you need when using it, and the exchange rate at the bank counter and online banking is based on the real-time ** at that time.

    Alternative Paths:

    1.Forex trends are attached on the Forex software.

    2.Major financial **also foreign exchange**.

    3.The exchange rate can also be queried through the foreign exchange inquiry tool that comes with the mobile phone4Most mobile apps also come with exchange rates for major currencies.

  10. Anonymous users2024-01-29

    In 1992, 1 yen = Chinese yuan, and 1 US dollar yuan! So, in 1992, 1 yen was the US dollar.

  11. Anonymous users2024-01-28

    1 USD = Chinese Yuan.

    1 RMB = US Dollar.

  12. Anonymous users2024-01-27

    According to the exchange rate of RMB to USD on November 21, 2016, 1 RMB = US dollar.

    So: 1999 RMB = USD.

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