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A new yuan was introduced in 1955 at a rate of 10,000 old yuan = 1 new yuan, known as the renminbi yuan The word yuan is widely used to refer to the chinese currency generally, especially in international contexts. It is the currency of the people's republic of china to this day.
Is renminbi or yuan the right name for chinese currency One yuan is divided into 10 jiao (角), and the jiao is further subdivided into 10 fen (分) Learn the differences, how it trades, the currency’s history, and the key issues surrounding it today.
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. The meaning of yuan is the basic monetary unit of the people's republic of china.
Use our currency converter to find the live exchange rate between cny and usd Convert chinese yuan to united states dollar. This currency rates table lets you compare an amount in chinese yuan renminbi to all other currencies. Convert 1 usd to cny with the wise currency converter
Analyze historical currency charts or live us dollar / chinese yuan rmb rates and get free rate alerts directly to your email.
Chinese legal currency is renminbi, shortened as cny Also known as chinese yuan, it can be used in hk & macau Airports & banks offer chinese money exchange service.
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