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Yes they are the same, although to be strictly correct, Yuan is one of the subset of Renminbi (Ren Min Bi meaning People's Money) like US Cents are part of the US Dollar.

Generally, however, the terms are used interchangably.

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Q: What is difference between Chinese Yuan and Renminbi?
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Related questions

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.


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Currently, 1 US dollar is 9 Chinese Yuan (rounded to the nearest Yuan.)


What is Yuan Renminbi named after?

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6.9396 Chinese Yuan Renminbi (CNY) is equal to 1 US Dollar.


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


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The man on Chinese Renminbi Yuan currency banknote is the portrait of Mao Zedong.


What type of currency does china use?

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1 American dollar equals 0.1278 Chinese yuan


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One Chinese yuan renminbi is worth about $0.152 (US dollars) . according to the currency converter found on the related link below.