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What is Renminbi?

Updated: 8/17/2019
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15y ago

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Rennminbi' or 人民币 (in Chinese characters) is the official name for the currency used in China.

In banknotes they have denominations of 1, 5, 10, 20, 50, 100. They also have denominations of 0.1, 0.2, 0.5 and 2 but not as commonly used.

In coins they have denominations of 0.1, 0.5 and 1. The rarely used coin denominations consist of 0.01, 0.02, and 0.05.

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15y ago
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