![]() ![]() dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. It shows how much the USD (base currency) is worth as measured against the CNY (counter. ![]() Since 1971, all links to gold have been repealed. USD/CNY is the abbreviation for the US Dollar and Chinese Yuan pair. From 1934, its equivalence to gold was revised to $35 per troy ounce. The USD accounts for the largest share (22.4 percent), followed by the euro (accounting for 16.3 percent) and the yen (11.5 percent). The Gold Standard Act of 1900 linked the dollar solely to gold. dollar was originally defined under a bimetallic standard of 371.25 grains fine silver or, from 1837, 23.22 grains fine gold, or $20.67 per troy ounce. Convert other quantities from Chinese Yuan Renminbi to US Dollar CNY, Convert, USD 1 CNY 0.14013 USD, Reverse conversion, 1 USD 7.13626 CNY Back to the. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. The Coinage Act of 1792 introduced the U.S. ![]() The United States dollar is the official currency of the United States and several other countries. 1 Chinese Yuan 0.1391246278 United States Dollar 1 United States Dollar 7.1878 Chinese Yuan Example: convert 15 Chinese Yuan to United States Dollar: 15 Chinese Yuan 15 × 0.1391246278 United States Dollar 2. ![]()
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