Parts of this article (those related to images of new issuance of coins and banknotes (see zh:第五套人民币#第三版)) need to be updated. (September 2021) |
人民币 (Chinese) RMB | |
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ISO 4217 | |
Code | CNY (numeric: 156) |
Subunit | 0.01 |
Unit | |
Unit | yuán (元 / 圆) |
Plural | The language(s) of this currency do(es) not have a morphological plural distinction. |
Symbol | ¥ |
Nickname | kuài (块) |
Denominations | |
Subunit | |
1⁄10 | jiǎo (角) |
1⁄100 | fēn (分) |
Nickname | |
jiǎo (角) | máo (毛) |
Banknotes | |
Freq. used | ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 |
Rarely used | ¥0.1, ¥0.5 |
Coins | |
Freq. used | ¥0.1, ¥0.5, ¥1 |
Rarely used | ¥0.01, ¥0.02, ¥0.05 |
Demographics | |
Date of introduction | 1948 |
Replaced | Nationalist-issued yuan |
User(s) | China (Mainland China) Wa State |
Issuance | |
Central bank | People's Bank of China |
Website | www |
Printer | China Banknote Printing and Minting Corporation |
Website | www |
Mint | China Banknote Printing and Minting Corporation |
Website | www |
Valuation | |
Inflation | 2.5% (2017) |
Source | [1] [2] |
Method | CPI |
Pegged with | Partially, to a basket of trade-weighted international currencies |
Renminbi | |||||||||||||||||||||||||||||
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Simplified Chinese | 人民币 | ||||||||||||||||||||||||||||
Traditional Chinese | 人民幣 | ||||||||||||||||||||||||||||
Literal meaning | "People's Currency" | ||||||||||||||||||||||||||||
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Yuan | |||||||||||||||||||||||||||||
Simplified Chinese | 圆 (or 元) | ||||||||||||||||||||||||||||
Traditional Chinese | 圓 (or 元) | ||||||||||||||||||||||||||||
Literal meaning | "circle" (ie. a coin) | ||||||||||||||||||||||||||||
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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 fifth 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. 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 word yuan is widely used to refer to the Chinese currency generally, especially in international contexts.[b]
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