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The yuan (/ j uː ˈ ɑː n,-æ n / yoo-A(H)N; sign: ¥; Chinese: 圓/元; pinyin: yuán; ⓘ) is the base unit of a number of former and present-day currencies in Chinese. A yuan (Chinese: 圓/元; pinyin: yuán) is also known colloquially as a kuai (simplified Chinese: 块; traditional Chinese: 塊; pinyin: kuài; lit. 'lump'; originally a ...
- Renminbi - Wikipedia
The yuan (Chinese: 元 or simplified Chinese: 圆; traditional...
- Renminbi - Wikipedia
The yuan (Chinese: 元 or simplified Chinese: 圆; traditional Chinese: 圓; pinyin: yuán) is the basic unit of the renminbi. One yuan is divided into 10 jiao ( Chinese : 角 ; pinyin : jiǎo ), and the jiao is further subdivided into 10 fen ( Chinese : 分 ; pinyin : fēn ).
May 24, 2024 · Renminbi, also known as yuan, is the monetary unit of China. Learn about its origin, features, and global status as a reserve currency from Britannica.
2 days ago · Learn the subtle distinction between the Chinese yuan (CNY) and renminbi (RMB), the official currency of China. Find out how the yuan is used in international markets, its history, and its relation to the U.S. dollar.
- Christina Majaski
- 1 min
Jun 21, 2022 · Learn about the currency used in mainland China, its name, symbol, denominations, and history. Find out how the CNY is managed, traded, and devalued in relation to other currencies.
- Will Kenton
In 1889, the Chinese yuan was introduced at par with the Spanish dollar or Mexican peso or Philippine peso and was subdivided into 10 jiao (角, not given an English name, cf. dime), 100 fen (分, cents), and 1000 wen (文, cash). The yuan was equivalent to 7 mace and 2 candareens (or 0.72 tael) and, for a time, coins were marked as such in ...
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The renminbi is the currency of the People's Republic of China. It is the main currency used in mainland China. It is also sometimes accepted in Hong Kong and Macau, and can be easily exchanged in those territories. The currency is issued by the People's Bank of China, the monetary authority of China. [2] Its name means "people's currency".
