Chinese money is called Renminbi (RMB) which 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 (Shanghai especially) 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.
You may also find RMB abbreviated as CNY (Chinese Yuan)
The most up to date currency conversions can be found at
XE.com's Universal Currency Converter
Current RMB Paper Bills that you will see in China.
5th Series (below)
They were progressively introduced since 1999 and consist of ¥0.1, ¥0.5, and ¥1 coins, and ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 notes. ¥20 is a new denomination.
