Tag yuan

You're referring to the Chinese currency!

The yuan (also known as the renminbi, or RMB) is the official currency of the People's Republic of China. It is subdivided into 10 jiao, and each jiao is further subdivided into 10 fen.

Here are some interesting facts about the yuan:

  1. Symbol: The symbol for the yuan is ¥.
  2. ISO code: The ISO 4217 code for the yuan is CNY.
  3. Exchange rate: The exchange rate of the yuan against the US dollar is subject to fluctuations, but as of 2023, it's around 6.9 CNY per USD.
  4. Denominations: Banknotes come in denominations of 1, 5, 10, 20, 50, and 100 yuan, while coins come in denominations of 1, 5, and 10 jiao (0.1, 0.5, and 1 yuan, respectively).
  5. Digital yuan: China has been exploring the concept of a digital yuan, also known as the e-CNY, which is a digital version of the physical currency.

I hope that helps!