yuan vs renminbi symbol - Search
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  2. Renminbi / Symbol
     
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  4. Explainer | China’s yuan vs renminbi: what’s the difference?

  5. People also ask
    What is the difference between renminbi and Yuan?The distinction is subtle: while the renminbi is the official currency of China, the yuan is the principal unit of account for that currency. The Chinese Yuan (CNY) and Renminbi (RMB) are interchangeable terms for China's currency. The Renminbi (RMB) is the official name of China's currency.
    What is renminbi currency & Yuan?The renminbi is the official currency of the People’s Republic of China, and translates to “people’s money.” Its international symbol is CNY (or CNH in Hong Kong; but abbreviated RMB, with the symbol ¥). The yuan is the name of the unit in which renminbi transactions are denominated, but also refers to the currency generally.
    What is Chinese yuan renminbi?The Chinese yuan renminbi is the official currency of mainland China. As noted above, the term yuan refers to a single unit of the currency while the term renminbi refers to the actual name of the currency itself. The yuan is abbreviated as CNY while the renminbi is abbreviated as RMB.
    What is the symbol for Chinese yuan renminbi?The symbol for the Chinese yuan renminbi is ¥. Understanding its denominations is vital for users. One yuan is divided into 10 jiao, and further, one jiao subdivides into 10 fen. Banknotes circulate in various denominations, including one, two, five, 10, 20, 50, and 100 yuan, as well as one, two, and five jiao.
  6. WEBAug 19, 2015 · There is essentially no difference. The renminbi is the official currency of the People’s Republic of China, and translates to “people’s money.” Its international symbol is CNY (or CNH in Hong...

  7. WEBCurrent usage. Today, the term "Yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency of the People's Republic of China. [1] . RMB banknotes start at one Yuan and go up to 100 Yuan.

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