Time series key
|
BBEX3.A.CNY.DEM.CA.AB.A04 |
Unit
|
CNY |
Dimension
|
one |
Timespan
|
from
1986 to
1998 |
Last update
|
20.09.2023 12:48:05 PM |
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Methodology
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Calculated on the basis of daily rates. From 1991 to 1993, calculated on the basis of mid-month and month-end rates. |
Source
|
From the beginning of April 1995: Bank of China, Frankfurt Branch. Until the end of March 1995: People's Bank of China, Peking. |
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Comment on
1995 |
Average from April to December 1995. On 1 January 1994, the Chinese renminbi was devalued. We recorded the following exchange rates (buying/selling rate): 31 December 1993: DEM 1 = CNY 3.3491 / 3.3659 1 January 1994: DEM 1 = CNY 4.9927 / 5.0177 On the basis of these exchange rates, the Chinese renminbi depreciated by 32.9%. |
Comment on
1994 |
From April 1994 until March 1995, we were only provided the mid-market rates. |
Comment on
1989 |
On 16 December 1989, the Chinese renminbi was devalued. We recorded the following exchange rates (buying/selling rate): 15 December 1989: DEM 1 = CNY 2.1467 / 2.1575 16 December 1989: DEM 1 = CNY 2.7417 / 2.7555 On the basis of these exchange rates, the Chinese renminbi depreciated by 21.7%. |
Comment on
1986 |
On 5 July 1986, the Chinese renminbi was devalued. We recorded the following exchange rates (buying/selling rate): 4 July 1986: DEM 1 = CNY 1.4668 / 1.4742 5 July 1986: DEM 1 = CNY 1.7012 / 1.7098 On the basis of these exchange rates, the Chinese renminbi depreciated by 13.8%. |