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The 'yuan' is one name.
yuan is the name of the denomination being used.
The correct name of the currency = Renminbi.
since most western countries don't distinguish between denomination & currency, it's the same name as the currency.
But it's distinguished in Chinese.
Renminbi = currency.
yuan = denomination. RMB/Renminbi:
Yuan [compare to US "dollar bill"] > jiao [compare to US "dime"] > fen [compare to US "penny"]. 10 jiao = 1 yuan just like 10 US dimes = 1 US dollar. 1 yuan = 100 fen just like 1 US dollar = 100 US pennies. There's no equivalent to the US quarter in RMBs.
Saying "1 yuan RMB" = saying "1 dollar [denomination: 1,5,10,20, 50, 100, etc... dollars] (in) US dollars [currency]".
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What is the difference between yen and yuan Chinese currency?
Yen is the Japanese currency whereas yuan is the currency used in China.
How much is one Yuan in US Dollars?
The Chinese Yuan, often abbreviated as CNY, is the base currency of the Republic of China. As of this date, one Chinese Yuan is equivalent to approximately 0.16 United States Dollars.
How much is 800 Chinese dollars in us currency?
about $120
What currency does china use now?
cny- Chinese yuan
What is the currency money used in china?
Chinese currency is called the "yuan", also called the Ren Men Bi, or people's money. It is abbreviated RMB. Today, one US dollar is worth approximately 6.7 RMB.
How would one learn to make sense of Chinese money?
One would learn to make sense of Chinese money by learning from the world-wide currency chart in order to be able to convert his/her currency to Chinese currency.
What is a name of a dollar in china?
One unit of Chinese currency is called a yuan, or a RMB (Ren Ming Bi).
What is the difference between Chinese currency and American currency?
Renminbi is the currency issued by the People's Bank of China, the monetary authority of China. The price of one US dollar is in today's rate is equivalent to 6.11 Chinese Yuan (RMB).The difference between Renminbi and Yuan is that Renminbi is the official name of the currency and Yuan is the main unit of currency.
What currency do the Chinese use?
The Chinese currency is called the Renminbi
What is rmb currency?
rmb stands for "Renminbi" which literally translates to "People's Currency" from Chinese. It is the currency of China and it's primary unit is the Yuan.
What is Chinese yuan?
Chinese yuan is the base unit of Chinese currency.
What is the currency of Tibet?
The currency used in Tibet is Chinese Yuan.
How many Yaun in one dollar?
As of April 2013, there are approximately 6.25 Yuan in one Dollar (Yuan = Chinese currency CNY. Dollar = American currency USD)
What is Chinese currency called like japans is called yen?
The Chinese currency is called yuan. Names for the Japanese currency (yen) and Korean currency (won) both came from the word yuan.
What the name of the Chinese currency?
The official name of the Chinese currency is the Yuan, but it is more commonly referred to in China as the Remimbi - which literally means People's Currency - and this is written on the notes. The 'pence' are called Fen, there are 100 fen in 1 Yuan, there is also an additional currency name 'jiao' which denotes the units of 10. i.e. 10 Fen = 1 Jiao, 10 Jiao = 1 Yuan
What is Tibet's currency?
it is the Chinese yuan
What is the only one language in Chinese-tibbetan script that is printed on Indian currency note?
BENGALI ?
