Yuan, jiao and minute are units of renminbi.
The unit of RMB is yuan, and the unit of RMB is jiao and fen.
A dollar is equal to 10 dimes, and a dime is equal to 10 cents.
Denominations: 1 jiao, 5 jiao, 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan, 100 yuan.
Denominations: 1 cent, 2 cents, 5 cents, 10 dimes, 5 dimes, 1 yuan.
RMB is the legal authority of the People’s Republic of China. The People’s Bank of China is the competent authority for the administration of RMB and is responsible for the design, printing and issuance of RMB.
It has taken more than 60 years for China to issue RMB, and five sets of RMB have been issued. The main types of currency are notes and coins.
With the exception of the 1, 2 and 5 cent coins, the first and second sets and have been withdrawn from circulation, with effect from May 1, 2018.
Extension information: China financial publishing house, 2000 of the regulation on the administration of the law of the People’s Republic of China on the yuan tutoring in the reader has a detailed explanation, said units for yuan, fractional currency unit for Angle and points, as payment unit of code, is yuan capital Y pinyin initials and two horizontal “, “add a horizontal” RMB “rather than Y.
In the five sets of RMB displayed in the Chinese Coin Museum, different from the four sets of People’s Bank of China written by Ma Wenwei since the beginning of use, the six characters “People’s Bank of China” and the denomination of Chinese characters are arranged from right to left (except for the 1953 edition of the 5000 yuan Weihe Bridge design certificate).
