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The current series of banknotes for the New Taiwan dollar began circulation in July 2000. This set was introduced when the New Taiwan dollar succeeded the silver yuan as the official currency within Taiwan. The current set includes banknotes for NT$100, NT$200, NT$500, NT$1000, and NT$2000.
The most prominent and numerous of these coins, the Yuan Shikai dollar (also known as the "fatman dollar" by collectors, from Chinese 袁大头; Yuán dàtóu; 'big head dollar') remained in production long after Yuan's death in 1916. Designed by Luigi Giorgi, the coin features a profile bust of Yuan wearing a military uniform on the obverse ...
One jiao is equal to 1 ⁄ 10 of a yuan or 10 fēn (分). The Renminbi has coins of 1, 2 and 5 jiao. [1] The 2 jiao coin is no longer in circulation. The New Taiwan dollar has coins of 5 jiao (rarely used). [2] The Hong Kong dollar has coins of 1, 2 and 5 hou (known as 10, 20 and 50 cents).
Coins are available in denominations from ¥0.01 to ¥1 (¥0.01–1). Thus some denominations exist in both coins and banknotes. On rare occasions, larger yuan coin denominations such as ¥5 have been issued to commemorate events but use of these outside of collecting has never been widespread. [citation needed]
Wheat, value and year of minting Emblem of the People's Republic of China: continuing the previous series: continuing the previous series: not withdrawn ¥0.02 21 mm ¥0.05 24 mm ¥0.1 20 mm Copper-zinc alloy Intermittent wire teeth Wheat, gear, value and year of minting Emblem of the People's Republic of China: 1980-1986 April 15, 1980
Coins of the first edition replace all 3 values from the previous series, namely ¥0.1, ¥0.5, and ¥1. The Emblem of the People's Republic of China of the previous series has been removed and the title of the state has been replaced by "People's Bank of China". The 1 jiao (¥0.1) coin also shrank in size.
On March 22, 2018, the People's Bank of China announced the Fourth series of the renminbi (excluding ¥0.1 and ¥0.5 banknotes and ¥0.5 and ¥1 coins [2]) would be recalled on April 30. After that date, notes of the Fourth series of the renminbi can be exchanged at any bank branch until April 30, 2019.
The Old Taiwan dollar was in use from 1946 to 1949, beginning shortly after Taiwan's handover from Japan to the Republic of China. The currency was issued by the Bank of Taiwan . Hyperinflation prompted the introduction of the New Taiwan dollar in June 1949, shortly before the Nationalist evacuation from mainland China in December.