"CNY" and "RMB" redirect here. For the unit of currency, see Yuan (currency). For other uses, see CNY (disambiguation) and RMB (disambiguation).
Parts of this article (those related to images of new issuance of coins and banknotes (see zh:第五套人民币#第三版)) need to be updated. Please help update this article to reflect recent events or newly available information.(September 2021)
Renminbi
人民币(Chinese)
RMB
Renminbi banknotes
ISO 4217
Code
CNY (numeric: 156)
Subunit
0.01
Unit
Unit
yuán (元 / 圆)
Plural
The language(s) of this currency do(es) not have a morphological plural distinction.
Symbol
¥
Nickname
kuài (块)
Denominations
Subunit
1⁄10
jiǎo (角)
1⁄100
fēn (分)
Nickname
jiǎo (角)
máo (毛)
Banknotes
Freq. used
¥5, ¥10, ¥20, ¥50, ¥100
Rarely used
¥0.1 ¥0.5 ¥1
Coins
Freq. used
¥0.1, ¥0.5, ¥1
Demographics
Date of introduction
1948; 76 years ago (1948)
Replaced
Nationalist-issued yuan
User(s)
China (Mainland China) Wa State
Issuance
Central bank
People's Bank of China
Website
www.pbc.gov.cn
Printer
China Banknote Printing and Minting Corporation
Website
www.cbpm.cn
Mint
China Banknote Printing and Minting Corporation
Website
www.cbpm.cn
Valuation
Inflation
2.5% (2017)
Source
[1][2]
Method
CPI
Pegged with
Partially, to a basket of trade-weighted international currencies
Renminbi
"Renminbi" in Simplified (top) and Traditional (bottom) Chinese characters
Simplified Chinese
人民币
Traditional Chinese
人民幣
Literal meaning
"People's Currency"
Transcriptions
Standard Mandarin
Hanyu Pinyin
Rénmínbì
Bopomofo
ㄖㄣˊ ㄇㄧㄣˊ ㄅㄧˋ
Wade–Giles
Jên2-min2-pi4
IPA
[ɻə̌n.mǐn.pî]ⓘ
Hakka
Romanization
Ngìn-mìn-pi
Yue: Cantonese
Yale Romanization
Yànmànbaih
Jyutping
Jan4man4bai6
IPA
[jɐn˩.mɐn˩.pɐi˨]
Southern Min
Hokkien POJ
Jîn-bîn-pè
Yuan
Simplified Chinese
圆 (or 元)
Traditional Chinese
圓 (or 元)
Literal meaning
"circle" (ie. a coin)
Transcriptions
Standard Mandarin
Hanyu Pinyin
Yuán
Bopomofo
ㄩㄢˊ
Wade–Giles
Yüan2
IPA
[ɥɛ̌n]
Hakka
Romanization
Ngiàn
Yue: Cantonese
Yale Romanization
Yùhn
Jyutping
Jyun4
IPA
[jyːn˩]
Southern Min
Hokkien POJ
Goân
The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China.[a] It is the world's 5th most traded currency as of April 2022.[3]
The yuan (Chinese: 元 or simplified Chinese: 圆; traditional Chinese: 圓; pinyin: yuán) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (Chinese: 角; pinyin: jiǎo), and the jiao is further subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.[4]
^"CNY – Chinese Yuan Renminbi rates, news, and tools | Xe". Archived from the original on 16 July 2016. Retrieved 23 July 2016.
^"Myanmar's free-wheeling Wa state". 17 November 2016. Archived from the original on 1 November 2022. Retrieved 31 October 2022.
^"Triennial Central Bank Survey Foreign exchange turnover in April 2022" (PDF). Bank for International Settlements. 27 October 2022. p. 5. Archived (PDF) from the original on 27 October 2022. Retrieved 31 October 2022.
^Article 2, "The People's Bank of China Law of the People's Republic of China". 27 December 2003. Archived from the original on 20 March 2007.
Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page).
The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's...
Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin:...
of the end of 2014, Renminbi deposits and certificates of deposits stood at 1.158 trillion Renminbi, while outstanding Renminbi bonds amounted to 381...
product (GDP). Each province's GDP is listed in both the national currency renminbi (CN¥), and at nominal U.S. dollar values according to annual average exchange...
China (PRC) has sought to internationalize its official currency, the Renminbi (RMB). RMB internationalization accelerated in 2009 when China established...
The yen and yuan sign (¥) is a currency sign used for the Japanese yen and the Chinese yuan currencies when writing in Latin scripts. This character resembles...
capita in main years. All figures are given in the national currency, renminbi (CNY), and in USD at nominal values, according to recent exchange rates...
Renminbi currency value is a debate affecting the Chinese currency unit, the renminbi (Chinese: 人民币 Code:CNY). The renminbi is classified as a fixed exchange...
The fifth series of the renminbi is the current coin and banknote series of the Chinese currency, the renminbi. They were progressively introduced since...
Whether government-backed digital notes and coins (such as the digital renminbi in China, for example) will be successfully developed and implemented remains...
of foreign firms by Chinese companies. Economists have argued that the renminbi is undervalued, due to currency intervention from the Chinese government...
the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special...
The third series of Renminbi banknotes was introduced since April 15, 1962. Unlike the second series of the renminbi, it did not have a ¥3 banknote and...
James Kynge is the principal of China Confidential and Renminbi Compass, proprietary research services from the Financial Times. Kynge spent over two decades...
as currencies such as the Algerian dinar, Aruban florin, Cayman dollar, renminbi, sterling and the Swiss franc have been assigned codes which do not closely...
Established in 2011, the Renminbi Qualified Foreign Institutional Investor (RQFII) program is a policy initiative that allows foreign investors who hold...
currency in the world, behind the U.S. dollar, euro, yen, sterling, and renminbi. The Canadian dollar is popular with central banks because of Canada's...
on the CIA World Factbook. Economy of China Internationalization of the renminbi List of countries by leading trade partners List of the largest trading...
The second series of Renminbi banknotes was introduced on March 1, 1955. Together with the introduction of the second series, the decimal point was moved...
the US dollar immediately after China's announcement of the end of the renminbi peg to the US dollar. According to Bank Negara, Malaysia allows the ringgit...
2014-06-14. "CNY - Chinese Yuan Renminbi". Xe.com. 18 October 2013. Retrieved June 13, 2014. "CNY | Chinese Yuan Renminbi". OANDA. Archived from the original...
Shanghai. It provides a major trading platform and pricing center for renminbi and foreign exchange-related products. CFETS is the trading platform of...
Organization for Japan's official procurement in international trade. The Chinese renminbi officially became a supplementary forex reserve asset on 1 October 2016...
A Panda bond is a Chinese renminbi-denominated bond from a non-Chinese issuer, sold in the People's Republic of China. The first two Panda bonds were issued...
The renminbi (RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. Although it is not a freely convertible...
ties to the Chinese yuan renminbi along with Ghana's vast gold reserves. In 2013, the Bank of Ghana began circulating the renminbi throughout Ghanaian state-owned...
Global Information
