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What is a yi yuan worth?

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Anonymous

8y ago
Updated: 11/12/2021

As of 2013, One yi yuan would be worth 0.1397 cents in US dollars. You can see historical fluctuations and get today's exchange rate by doing a Google search for: "yuan vs dollar".

The Yuan used to be pegged to the US Dollar. That means the graph of US dollar plotted against the Yuan would be a horizontal line. However in 2010 The yuan was un-pegged from the US dollar and allowed to float upon the people who can create yuan from thin air and spend it. In 2010 the yuan started appriciating quickly against the US dollar because the US federal reserve is diluting the currency in order to make minimum payments on their 1000 trillion dollars of debt.

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Angus Koepp

Lvl 10
3y ago

What else can I help you with?