Renminbi - Wikipedia
WEBThe renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the People's Republic of China. [a] The renminbi is issued by the People's Bank of China, the monetary authority of China. [3]
Yuan (currency) - Wikipedia
WEBA new yuan was introduced in 1955 at a rate of 10,000 old yuan = 1 new yuan, known as the renminbi yuan. It is the currency of the People's Republic of China to this day. The term yuan is also used in Taiwan.
Yuan vs. Renminbi: What's the Difference? - Investopedia
WEBJun 25, 2024 · The Chinese yuan (CNY) and renminbi (RMB) are closely linked terms for China's currency. Renminbi is the official name of China's currency. The renminbi's principal unit is the Chinese yuan.
A Quick Guide to Chinese Currency - The China Guide
WEBMay 8, 2020 · The official name for Chinese currency is Renminbi, which literally translates to People's Currency and is abbreviated to RMB. The most widespread international usage is yuan, which is abbreviated to CNY. You can write either CNY 1,000 or RMB 1,000. The official symbol for the Chinese yuan is ¥.
Coins from the People's Republic of China – Numista
WEBThe first jiao- and yuan-denominated coins to be circulated on a large-scale basis were issued in the 1990s. Today, China continues to issue the fen coins, although they are not commonly used for circulation and are extremely rare to find as it is primarily banks who use them for balancing purposes.
Fifth series of the renminbi - Wikipedia
WEBThe fifth series of the renminbi is the current coin and banknote series of the Chinese currency, the renminbi. They were progressively introduced since 1999 and consist of ¥0.1, ¥0.5, and ¥1 coins, and ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 notes.
Chinese Yuan Renminbi (CNY): Overview, History - Investopedia
WEBJun 21, 2022 · The Chinese yuan renminbi is the official currency of mainland China. As noted above, the term yuan refers to a single unit of the currency while the term renminbi refers to the actual name...
Why China's currency has two names - BBC News
WEBJun 26, 2010 · In the world's high-flying financial circles, the word "renminbi" (or RMB) is often preferred to "yuan" (or CNY, short for "Chinese Yuan").
USD/CNY Currency Exchange Rate & News - Google Finance
WEBThe renminbi is issued by the People's Bank of China, the monetary authority of China. It is the world's fifth-most-traded currency as of April 2022. The yuan is the basic unit of the renminbi...
Renminbi | History, Definition, & Facts | Britannica Money
WEBSep 6, 2024 · Renminbi, monetary unit of China. One renminbi (yuan) is divided into 100 fen or 10 jiao, and banknotes are issued in denominations from 1 fen to 100 renminbi. In 2016 the renminbi became a reserve currency of the International Monetary Fund (IMF). Learn more about the currency.