If you are planning on visiting China you may be curious what their currency looks like. Below is a quick look at Chinese currency and how much each coin or bill is worth.
* Chinese Currency is called the Renminbi (Shortened to RMB) and means “the peoples money.” In China you will hear people refer to RMB but you will almost never hear anyone refer to it as “Renminbi.” The most common term is “yuan” (pronounced you-ahn). You may hear the term “quai” just as frequently though which is comparable to “bucks” in America (Yuan – Dollar / Quai – Bucks).
Currency Conversions (March, 2014):
1 Euro: 8.58 RMB
1 USD: 6.22 RMB
1 CAD: 5.54 RMB
1 Pound: 10.26 RMB
1 Australian Dollar: 5.66 RMB
10 Jiao = 1 Yuan