Currency Converter & Chinese RMB Exchange Rate Today

The Renminbi (RMB) or called the yuan, the official currency in mainland China, is issued by the People's Bank of China. Though commonly abbreviated as RMB, the official ISO 4217 of Chinese currency is CNY (symbol ¥). Notes come in denominations of ¥1, 5, 10, 20, 50, 100, 1 jiao and 5 jiao. Coins are in denominations of ¥1, 1 jiao and 5 jiao.

1 Yuan (or Kuai) = 10 Jiao (or Mao) 1 Jiao (or Mao) = 10 Fen

RMB USD Exchange, USD RMB Exchange Rate, RMB Exchange, RMB Exchange Rate, USD to RMB Exchange, RMB to USD Exchange Rate
(The picture showing CNY USD exchange is from China.org.cn)

Chinese Currency Exchange

The RMB is not exchangeable outside China by now. Foreign cash and checks can be exchanged at most banks and some hotels. If you want to exchange currency in a hotel, you usually have to be a guest there.
Warning:
1. To change RMB back into your home banknotes, you must retain the exchange slips given to you at the bank or money exchange counter.
2. Scottish and Northern Irish banknotes cannot be exchanged.

Credit Card

Credit cards such as Visa, Master Card, JCB, Diners Club, and American Express can be used to purchase goods in large deportment stores, to pay for hotel rooms, to buy plane tickets, and so on. However, credit cards cannot be used in small restaurants, shops, and convenience stores. ATMs can easily be found in airports, banks, hotels, shopping areas, etc.

Currency Converter

xe.com Universal Currency Converter™

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Universal Currency Converter
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This is the XE.com Universal Currency Converter ®, the world's most popular currency tool. You can perform interactive foreign exchange (FX, or forex) rate calculations, using live, up-to-the-minute currency rates.

To start, simply type the value of currency to convert in the amount box. You may include commas and a decimal point.

Next, select the source and destination currencies using the scrolling selection boxes. Currencies that are obsolete -- or that are being phased out -- will be indicated by an asterisk (*). When you are finished, push the "Go!" button, and the results of your conversion will be displayed.

For ease of use, the top ten currencies sorted by popularity are listed first. Next come the top 85 currencies sorted by country name. Special units and precious metals are listed both alphabetically as well as in their own sections at the end of this list.

The Renminbi (RMB), China's legal currency, is issued and controlled solely by the People's Bank of China. RMB exchange rates are decided by the People's Bank of China and issued by the State Administration of Foreign Exchange, the latter exercising the functions and powers of exchange control.

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