Buy custom Brochure on China - Detailed
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Topic: |
Miscellaneous
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Number of pages / Number of words: |
25 / 6722 |
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The Chinese currency is Renminbi (RMB) which when translated to English, means âPeopleâs Currencyâ.
The basic unit is Yuan. One Yuan is broken down into 10 Jiao, and 1 Jiao is broken down into 10 Fen. Notes come in; 1, 2, 5, 10, 20, 50 & 100 Yuan; 1, 2 and 5 Jiao and 1 and 2 Fen. Meanwhile, coins come in 1 Yuan; 1 & 5 Jiao; and 1, 2 & 5 Fen...
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Fen notes and coins are very rare due to their minimal value.
Exchanging money may be something you do often. Exchanges can be made in hotels or banks using travellerâs cheques or cash. However when exchanging money you will be required to show your passport and itâs recommended that you keep your receipt as you may need to exchange back when you leave...
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