The currency of China is the renminbi or yuan (RMB), represented by the symbol Ԫ. The renminbi has a long history dating back to coins used in the Han Dynasty over 2,000 years ago. Today, the 100 yuan banknote features portraits of four important figures from early Chinese history. To prevent fraud, Chinese banknotes use unique Chinese characters for numeric values rather than standard characters. In 2012, the exchange rate between the Chinese renminbi and U.S. dollar was approximately 1 USD to 6.35 CNY. Chinese traditions include giving "lucky money" in red envelopes during New Years celebrations and coins known as "ya sheng coins" for prosperity.
2. History of Chinese Currency
Han Dynasty
The 100 yuan has four
Coin of Chinas founders
ؐ = the symbol
for shell
3. Yuan Fraud
? Because Chinese numbers are so easy to
write a different set of Chinese characters
are used for numbers on banknotes
4. Chinese Exchange
? The Chinese exchange rate to U.S. dollar
? 1.00 USD=6,35 CNY (in the year of
2012)
? Shopping is an event and hardly ever
short if you want to get a good price.
