Sunday, April 18, 2010

Chinese Money , Chinese Cash

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Chinese Money

Chinese money is called Renminbi (RMB) means "The People's Currency". The popular unit of RMB is yuan"

1 yuan equals 10 jiao, 1 jiao equals 10 fen. There are parts of China where the yuan is also known as Kuai and Jiao is known as mao. Chinese currency is issued in the following denominations: one, two, five, ten, twenty, fifty and one hundred yuan; one, two and five jiao; and one, two and five fen.

The official exchange rate between U.S. dollar and Renminbi yuan currently is about 1:7.5 (1 US dollar = 7.5 yuan RMB)

For current exchange rate, please click Money Converter for detailed information ).




100 yuan (new)


100 yuan (Old)




50 yuan (new)



50 yuan(Old)




20 yuan




10 yuan (new)




10 yuan




5 yuan (new)




5 yuan ( Old )




2 yuan




1 yuan (new, issued in July 2004)




1 yuan ( Old )




5 jiao (0.5 yuan)




2 jiao (0.2 yuan)



1 jiao (0.1 yuan)


From top to the bottom: 1 yuan, 5 jiao (0.5 yuan), 1 jiao (0.1 yuan)


From top to the bottom: 5 fen (0.05 yuan), 2 fen (0.02 yuan), 1 fen (0.01 yuan)
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