Chinese Yuan Wiki
The yuan (; sign: ¥; Chinese: 元; pinyin: yuán; [ɥæ̌n] (listen)) is the base unit of a number of former and present-day currencies in Chinese. A yuan (Chinese: 元; pinyin: yuán) is also known colloquially as a kuai (Chinese: 块; pinyin: kuài; literally: 'lump'; originally a lump of silver). One yuan is divided into 10 jiao (Chinese: 角; pinyin: jiǎo; literally: 'corner') or colloquially mao (Chinese: 毛; pinyin: máo "feather"). One jiao is divided into 10 fen (Chinese: 分; pinyin: fēn; literally: 'small portion'). Today, it usually refers to the primary unit of account of the renminbi, the currency of the People's Republic of China. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan". (A similar case is the use of the terms sterling to designate British currency and pound for the unit of account.) The symbol for the yuan (元) is also used in Chinese to refer to the currency units of Japan (yen) and Korea (won), and is used to translate the currency unit dollar as well as some other currencies; for example, the United States dollar is called Meiyuan (Chinese: 美元; pinyin: Měiyuán; literally: 'American yuan') in Chinese, and the euro is called Ouyuan (Chinese: 欧元; pinyin: Ōuyuán; literally: '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. Having been in use for at least 2000 years, the yuan was the first decimal currency system. It is also the first to use metal coins and bank notes, which significantly shaped the global financial system. With currencyconverts.com you can convert Chinese Yuan (¥) to any other foreign currency. To convert a certain amount of Chinese Yuan use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Chinese Yuan is calculated from mid-market real price and updates daily. Usually people search for CNY exchange rate before business travel to China, Zimbabwe, or during trip to other countries and want to check rate of Chinese Yuan in local money. On this page you can convert Chinese Yuan to main foreign currencies, get fast access to most used amounts of CNY or aether calculate any amount of Chinese Yuan in other fiat money.