88 rmb to usd

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods.

The renminbi is issued by the People's Bank of China , the monetary authority of China. Until , the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as The Chinese government has announced that it will gradually increase the flexibility of the exchange rate.

88 rmb to usd

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days. These percentages show how much the exchange rate has fluctuated over the last 30 and day periods. The currency code for Euros is EUR. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate?

Retrieved 22 March

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Review historical currency rates. With this convenient tool you can review market history and analyse rate trends for any currency pair. All charts are interactive, use mid-market rates, and are available for up to a year time period. To see a currency chart, select your two currencies, choose a time frame, and click to view. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.

88 rmb to usd

Search markets. News The word News. My Watchlist. Business Insider logo The words "Business Insider". Conversion from Chinese Renminbi yuan to United States dollar.

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Financial Times. We use the mid-market rate for our Converter. Bank for International Settlements. Over 70 million downloads worldwide. Retrieved 13 January A floating exchange rate regime and convertibility for renminbi were seen as the ultimate goal of the reform. Article Talk. Retrieved 15 February But China 're-pegged' its currency to the dollar as the financial crisis intensified in July New Taiwan dollar. Some patents show plans towards programmed inflation control mechanisms. Convert Euro to Chinese Yuan Renminbi. The most important move to a market-oriented exchange rate was an easing of controls on trade and other current account transactions, as occurred in several very early steps.

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The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. Retrieved 10 September Cheung, Yin-Wong See also: History of Chinese currency. These currency charts use live mid-market rates, are easy to use, and are very reliable. In other projects. Archived from the original on 4 October These are the highest points the exchange rate has been at in the last 30 and day periods. Bahraini dinar. Retrieved 9 April Retrieved 26 March South African rand. Need to know when a currency hits a specific rate? Archived from the original on 15 September