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Dec 13, 2023 · What is the name of the Chinese currency? You may have heard Chinese currency referred to as “ renminbi,” which is usually abbreviated as RMB. In Chinese, renminbi is written 人民币 (r é nm í nb ì in pīnyīn), which means “the people’s money.”
'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China. [a] It is the world's 5th most traded currency as of April 2022. [3] The yuan ( Chinese: 元 or simplified Chinese: 圆; traditional Chinese: 圓; pinyin: yuán) is the basic unit of the renminbi.
May 15, 2024 · Renminbi is the official name of China's currency; its principal unit is called the Chinese yuan. CNY is the official ISO 4217 abbreviation for China's currency.
- Christina Majaski
- 1 min
May 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 ¥.
The symbol for the yuan (元) is also used in Chinese to refer to the currency units of Japan and Korea , and is used to translate the currency unit dollar as well as some other currencies; for example, the United States dollar is called Meiyuan (Chinese: 美元; pinyin: Měiyuán; lit.
Jun 21, 2022 · The symbol for the currency is ¥. A single yuan is divided into 10 jiao. One jiao is further divided into 10 fen. Banknotes in circulation come in one, two, five, 10, 20, 50, and 100 yuan...
May 24, 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.
