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2. Renminbi - Wikipedia

   en.wikipedia.org/wiki/Renminbi

   The first locally minted silver dollar or yuan accepted all over Qing dynasty China (1644–1912) was the silver dragon dollar introduced in 1889. Various banknotes denominated in dollars or yuan were also introduced, which were convertible to silver dollars until 1935 when the silver standard was discontinued and the Chinese yuan was made fabi ...

3. Renminbi currency value - Wikipedia

   en.wikipedia.org/wiki/Renminbi_currency_value

   For most of its early history, the renminbi was pegged to the U.S. dollar at ¥2.46 per USD. During the 1970s it was revalued, until it reached ¥1.50 per USD in 1980. Its value gradually declined as China embarked on a new economic course during Deng Xiaoping's leadership and transformed into a more market-based capitalistic economy. [6] [7]

4. Yuan (currency) - Wikipedia

   en.wikipedia.org/wiki/Yuan_(currency)

   In 1917, the warlord in control of Manchuria, Zhang Zuolin, introduced a new currency, known as the Fengtien yuan or dollar, for use in the Three Eastern Provinces. It was valued at 1.2 yuan in the earlier (and still circulating) "small money" banknotes and was initially set equal to the Japanese yen. It maintained its value (at times being ...

5. ‘De-dollarization is happening’: Are countries ditching the ...

   www.aol.com/finance/dollarization-happening...

   For instance, investing in gold is a great alternative because unlike the U.S. dollar, which has lost 98% of its purchasing power since 1971, gold’s purchasing power remains more stable over time.

6. Remittance - Wikipedia

   en.wikipedia.org/wiki/Remittance

   A 2004 study found that over 60% of the 16.5 million Latin American-born adults who resided in the United States at the time of the survey regularly sent money home. The remittances sent by these 10 million immigrants were transmitted via more than 100 million individual transactions per year and amounted to an estimated $30 billion during 2004.

7. Chinese cash (currency unit) - Wikipedia

   en.wikipedia.org/wiki/Chinese_cash_(currency_unit)

   The hole enabled the coins to be strung together to create higher denominations, as was frequently done due to the coin's low value. The number of coins in a string of cash (simplified Chinese: 一贯钱; traditional Chinese: 一貫錢; pinyin: yīguàn qián) varied over time and place but was nominally 1000. [4]