answersLogoWhite

0

Chinese currency is RMB(contain cash and coin) Renminbi (人民币) is the currency of the People's Republic of China. Its principal unit is the yuan (元), subdivided into 10 jiao (角). Each is further subdivided into 10 fen (分). The renminbi is issued by the People's Bank of China, the monetary authority of the PRC.
China's currency is the Renminbi and the unit is popularly known as yuan.

1 yuan equals 10 jiao, 1 jiao equals 10 fen. There are parts of China where the yuan is also known as Kuai and Jiao is known as mao. Chinese currency is issued in the following denominations: one, two, five, ten, twenty, fifty and one hundred yuan; one, two and five jiao; and one, two and five fen.
Sometimes we call it "yuan" or "kuai" the official name is RenMin Bi or RMB for short. RenMinBi means "the people's money"

User Avatar

Wiki User

8y ago

What else can I help you with?