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Serving Students at
Santa Ana College and
Santiago Canyon College

CHINA

Currency 

Currency

The yuan (Y) is China's monetary unit. The yuan is divided into 100 fen, and 10 fen constitute 1 jiao.  The currency is known as renminbi (RMB), meaning the people's currency.  The inscription renminbi (or renminbiao) appears on bank notes as well as yuan, and the terms renminbi and yuan are used synonymously in quoting exchange rates.  In transactions the terms are universally replaced by the word kuai (piece).  Beginning in the early 1980s, the standard currency was paralleled by a special currency called Foreign Exchange Certificates, which were issued in exchange for "hard" foreign currencies. 

TRAVEL EXCHANGE

CURRENCY EXCHANGE

CURRENCY CONVERTER

picture of red bridge among trees in Japan


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