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'American yuan') in Chinese, and the euro is called Ouyuan (simplified Chinese: 欧元; traditional Chinese: 歐元; pinyin: Ōuyuán; lit. 'European yuan'). When used in English in the context of the modern foreign exchange market, the Chinese yuan (CNY) refers to the renminbi (RMB), which is the official currency used in mainland China.
A variant of Korean Hanja: Historical official currency unit of Korean Empire in early 20th century; 圆: Simplified Chinese characters: Current official currency unit of China on Chinese yuan banknotes and coins; 円: Japanese Shinjitai: Current official currency unit of Japan on Japanese yen banknotes and coins; 元: A variant of Chinese ...
The yuan (元) is the basic unit of the renminbi. One yuan is divided into 10 jiao (角), and the jiao is further subdivided into 10 fen (分). The word yuan is widely used to refer to the Chinese currency generally, especially in international contexts. [b]
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 rate currency "with reference to a basket of currencies ", [ 1 ] which has drawn attention from nations which have freely floated currencies and has become a source of trade friction ...
The renminbi ("people's currency") is the currency of China, denominated as the yuan, subdivided into 10 jiao or 100 fen. The renminbi is issued by the People's Bank of China, the monetary authority of China. The ISO 4217 abbreviation is CNY, although also commonly abbreviated as "RMB". As of 2005, the yuan was generally considered by outside ...
One fen is equal to 1 ⁄ 100 of a yuan or 1 ⁄ 10 of a Chinese jiao. Renminbi were issued in coin denominations of 1, 2, and 5 fen [1] and also banknote denominations of 1, 2, and 5 fen. [2] The character 分 is also used to translate "cent" in other currencies. A euro cent is called 欧分; 歐分; Ōufēn in Chinese.
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Yang is a former Korean currency. It is a cognate of the Chinese tael (兩; 两 pronounced "liǎng" in Mandarin). The yang was subdivided into 100 fun (푼) (pronounced "pun" but spelt with an "f" on the coins). Fun is a cognate of the Chinese word fen (分; fēn), referring to 1/100 of a Chinese yuan in modern context.