The Chinese Yuan Renminbi - CNY is the basic unit of currency issued by the People's Bank of
China One yuan can be divided into 10 jiao and 100 fen Counterfeit notes are a problem in China Very
few Chinese will accept a Y50 00 or Y10000 note without first checking to see whether or
not it's a fake Notes that are old, tattered or torn are not accepted You can exchange notes
for new ones at the Bank of China.

Local Chinese have a variety of methods for checking notes, including checking the watermark, the drawn lines (more distinct in fake notes) and
colour (more pronounced in counterfeit notes) The texture of a fake note also tends to be smoother than authentic notes Examine large
denomination notes if given to you as change by street vendors.

Coins come in denominations of one yuan, five jiao, one jiao and five fen Paper versions of the coins remain in circulation

Hong Kong's currency is Hong Kong dollar and Macao's is the Macao dollar

Both currencies are worth 7% more than Chinese Yuan Renminbi

Return to: China Homepage

Traveling by Train in England and London - Information on getting and reading your train ticket, the high speed and regional train system; a link to train schedules.

Tourism Information on this page is from my Stay in England UK from 2002 till 2008.

My Switzerland Travel Tour - England Travel Guide - Online Book Clubs - Dietography.com - Apple iPhone Mobile Info - New Playstation 3 UK - Deepika Padukone Wallpapers - Indian IT News - Save Monitor Power - Katrina Kaif Photos