CNY – Chinese Yuan Renminbi
Chinese Yuan Renminbi Overview
The Chinese Yuan Renminbi is the currency of China.The currency code for Yuan Renminbi is CNY, and the currency symbol is ¥.
The yuan is China’s national currency.The renminbi is additionally the official name for the currency, whereas the yuan may be a unit of the currency. it’s pronounced as ‘yoo-ahn’.
THE RENMINBI’S BEGINNINGS
The renminbi was 1st issued on Dec one, 1948. once the defeat of the Nationalists in 1949, China’s new government.In 1955, the People’s Bank of China, currently China’s financial institution, issued its second series of the renminbi.
Currency Facts
Name: Chinese Yuan Renminbi
Symbol: ¥ Jiao: 角
Minor Unit:
1/10 = Jiao
Top CNY Conversion:
USD/CNY
Top CNY Chart:
USD/CNY Chart
Inflation: 2.30%
Nicknames: kuài, Mao
Coins:
Freq Used: ¥1, 5角, 1角
Banknotes:
Freq Used: ¥5, ¥10, ¥20, ¥50, ¥100, ¥1
Rarely Used: ¥2, 2角, 5角, 1角
Central Bank:
People’s Bank of China
Website: http://www.pbc.gov.cn
Users: China
