renminbi

Also known as yuan, Chinese Yuan, yuan renminbi, yuan RMB

The renminbi (; ; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of China. The renminbi is issued by the People's Bank of China, the monetary authority of China. It is the world's fifth-most-traded currency as of April 2025. The Chinese yuan () is the basic unit of the renminbi.

AI overview

The renminbi is the official currency of China, issued by the People's Bank of China and symbolized as ¥. As the world's fifth-most-traded currency, it plays a significant role in global financial markets and international commerce.

AI-generated from the Wikipedia summary — may contain errors.

Key facts

Currency.local_name_lang: zh-cn
Currency.local_name: 人民币
Currency.image_1: Banknotes YuanRPC.png
Currency.image_title_1: Renminbi banknotes
Currency.name_abbr: RMB
Currency.iso_code: CNY
Currency.unit: yuán ( / )
Currency.symbol: ¥
Currency.frequently_used_banknotes: ¥1, ¥5, ¥10, ¥20, ¥50, ¥100
Currency.rarely_used_banknotes: ¥0.1, ¥0.5
Currency.frequently_used_coins: ¥0.1, ¥0.5, ¥1
Currency.rarely_used_coins: ¥0.01, ¥0.02, ¥0.05
Currency.subunit_name_1: jiǎo ()
Currency.subunit_name_2: fēn ()
Currency.nickname: kuài ()
Currency.nickname_subunit_1: máo ()
Currency.replaced_currency: Nationalist-issued yuan
Currency.using_countries: China

via Wikipedia infobox

Wikidata facts

Show 5 more facts

Commons category: Money of the People's Republic of China
price: 0.14840716
unit symbol: ¥
start time: 1949-00-00
short name: RMB

Sources (6)

via Wikidata · CC0

~43 min read

Article

33 sections

Contents

<span class="anchor" id="Valuation"></span> Exchange rate
Terminology
History
Era of the command economy
Transition to an equilibrium exchange rate
Foreign exchange certificates, 1980–1994
Evolution of exchange policy since 1994
Convertibility
Digital renminbi
Interest rate and green bonds
Issuance
Coins
Banknotes
Commemorative issues of the renminbi banknotes
Use in ethnic minority regions of China
Production and minting
Suggested future design
Economics
Value
Depegged from the US dollar
Managed float
Futures market
Purchasing power parity
Real exchange rate
Internationalisation
International reserve currency
Use as a currency outside mainland China
Other markets
See also
Notes
References
Further reading
External links

One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The word yuan is widely used to refer to the Chinese currency generally, especially in international contexts.