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Renminbi

The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. '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]

"CNY" and "RMB" redirect here. For the unit of currency, see Yuan (currency). For other uses, see CNY (disambiguation) and RMB (disambiguation).

人民币 (Chinese)
RMB

CNY (numeric: 156)

0.01

yuán (元 / 圆)

The language(s) of this currency do(es) not have a morphological plural distinction.

¥‎

kuài (块)

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jiǎo (角)

fēn (分)

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máo (毛)

$_$_$DEEZ_NUTS#1__answer--11DEEZ_NUTS$_$_$

¥5, ¥10, ¥20, ¥50, ¥100

¥0.1 ¥0.5 ¥1

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¥0.1, ¥0.5, ¥1

1948 (1948)

Nationalist-issued yuan

China (Mainland China)
Wa State

People's Bank of China

www.pbc.gov.cn

China Banknote Printing and Minting Corporation

www.cbpm.cn

China Banknote Printing and Minting Corporation

www.cbpm.cn

2.5% (2017)

[1] [2]

CPI

Partially, to a basket of trade-weighted international currencies

人民币

人民幣

"People's Currency"

Rénmínbì

Rénmínbì

ㄖㄣˊ ㄇㄧㄣˊ ㄅㄧˋ

Jên2-min2-pi4

[ɻə̌n.mǐn.pî] ⓘ

Ngìn-mìn-pi

Yànmànbaih

Jan4man4bai6

[jɐn˩.mɐn˩.pɐi˨]

Jîn-bîn-pè

圆 (or 元)

圓 (or 元)

"circle" (ie. a coin)

Yuán

Yuán

ㄩㄢˊ

Yüan2

[ɥɛ̌n]

Ngiàn

Yùhn

Jyun4

[jyːn˩]

Goân

The yuan (Chinese: 元 or simplified Chinese: 圆; traditional Chinese: 圓; pinyin: yuán) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (Chinese: 角; pinyin: jiǎo), and the jiao is further subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.[4]

The was issued on 1 December 1948, by the newly founded People's Bank of China. It introduced notes in denominations of ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 and ¥1,000 yuan. Notes for ¥200, ¥500, ¥5,000 and ¥10,000 followed in 1949, with ¥50,000 notes added in 1950. A total of 62 different designs were issued. The notes were officially withdrawn on various dates between 1 April and 10 May 1955. The name "first series" was given retroactively in 1950, after work began to design a new series.[16]

first series of renminbi banknotes

The estimated that, by purchasing power parity, one International dollar was equivalent to approximately ¥1.9 in 2004.[65]

World Bank

The estimated that, by purchasing power parity, one International dollar was equivalent to approximately ¥3.462 in 2006, ¥3.621 in 2007, ¥3.798 in 2008, ¥3.872 in 2009, ¥3.922 in 2010, ¥3.946 in 2011, ¥3.952 in 2012, ¥3.944 in 2013 and ¥3.937 in 2014.[66]

International Monetary Fund

Chinese lunar coins

Economy of China

List of Chinese cash coins by inscription

List of renminbi exchange rates

Tibetan coins and currency

(archived 11 March 2012)

Photographs of all Chinese currency and sound of pronunciation in Chinese

Stephen Mulvey, Why China's currency has two names – BBC News, 2010-06-26

(in English and German)

Historical and current banknotes of the People's Republic of China

(in English and German)

Foreign exchange certificates (FEC) of the People's Republic of China