Chinese Yuan information
The Chinese Yuan is the currency of the People’s Republic of China. Its ISO 4217 code is CNY. Each Yuan is divided into 10 Jiao and each Jiao is divided into 10 Fen. The currency symbol is ¥ but to indicate prices they use the symbol 元.
History
The currency as payment has a long tradition in China. Between 1700 and 1000 B.C. they used cowries (a type of sea shells). For each dynasty emperors decided what coins were minted and who could mint them. It was even allow for individuals to mint their own currencies. In 1889 the Yuan was introduced and soon began minting other currencies. The current Yuan was issued in 1948 and a second issue came out in 1955 to try to curb inflation that had occurred during the Civil War.
Notes and coins
There are notes of 1, 2, 5, 10, 20, 50 and 100 Yuan. In the front of the banknotes appears the image of Mao Zedong and on the back and you can see different landmarks of the country.
In Eurochange we just can accept notes of 5, 10, 20, 50 and 100 Yuan.
The coins are 1, 2 and 5 Fen, 1, 5 Jiao and 1 Yuan. You can also find some older coins of Jiao and Fen which remain in use today.
Chinese Yuan rate
At our website you can check the daily rate of the Chinese Yuan to make your exchanges the day that best fits to you. You can also make a reservation or buy the Chinese Yuan directly. You could collect the currencies in any of our branches of collection or we can deliver them at home.
Moreover, when you come back from holidays, you can exchange the leftover Yuan back to Euros in any of our branches.
Have a nice trip!
