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The RMB is just an acronym referring to the Chinese yuan. It's short for "renmibi", which means "people's money" in Chinese.

The NTD is not actually a Chinese dollar...well, I guess technically it is, because Taiwan is part of the People's Republic of China. But Taiwan is still an independent nation. NTD is an acronym for the "New Taiwan Dollar".

Hope this helps! I'm actually answering this question from Taiwan right now :)

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Q: What does china's currency rmb and ntd stand for?
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Related questions

What does china's currency rmb stand for?

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 RMB in China?

RMB is the abbreviation for China's currency (known as the Renminbi and Chinese Yuan).


Is rmb same as Chinese yuan?

Yes, RMB (Renminbi) is the official currency of the People's Republic of China. Chinese yuan is the basic unit of RMB and is often used interchangeably to refer to the same currency.


Where in the world is RMB currency used?

The RMB currency, also known as the renminbi, is the official currency of China. Renminbi is legal tender in mainland China, but not in Hong Kong, Taiwan, or Macau.


What does RMB stand for?

k


Is rmb and yen is same?

No. The "RMB" is short for "Ren Min Bi" ("The People's Money") and is China's currency. It is also known as the "Yuan." The "Yen" is Japan's currency.


Convert 1 RMB to usd?

1 Chinese yuan (RMB) = 0.158 U.S. dollars as of now,Check out updated currency exchange rates of RMB at : rmbconversion.com


How much is a whopper in China?

China's currency is the renmimbi, which is abbreviated as rmb. A whopper costs about 35 rmb which is $5.67 USD.


What is the meaning of rmb IN CHINA?

currency of People's Republic of China


What is the full form of RMB?

Renminbi ( Chinese Yean Renmibi ) (currency)


What is the currency and currency symbols of China?

The Chinese currency is the "Yuan" or "Renminbi". The official (ISO) currency code is CNY although many use RMB.