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Chinese money is called
Renminbi (RMB) means "The People's Currency". The popular unit
of RMB is 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.
The official exchange rate between U.S.
dollar and Renminbi yuan currently is about 1:7.5
(1 US dollar = 7.5
yuan RMB)
For current exchange rate, please click
Money
Converter for detailed information
).
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