US Dollar to Chinese Yuan Renminbi — exchange rate

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More

Country of Circulation: China

Currency Code, Symbol: CNY, ¥

Denominations of coins in circulation: RMB 0.1, RMB 0.5, RMB 1 (1, 5 角；1 元)

Denominations of banknotes in circulation: RMB 0.1, RMB 0.5, RMB 1, RMB 5, RMB 10, RMB 20, RMB 50, RMB 100

History: The Chinese yuan (symbol  ¥, code: CNY, number 156) is the main national currency in the People's Republic of China. CNY is used in conversions, and on the global exchange markets. One yuan is divided into 10 jiao, and the latter one contains 10 fen.Small coins are not commonly used in payments. The Chinese yuan was issued to the market in 1949. The predecessor of the currency was the yuan of Inner Mongolia. CNY is not used on the territory of two PRC cities: Hong Kong and Macao. These localities have their own currency units.Read More