The currency used in China is called as the Yuan. This currency is denoted with the currency sign ¥ and the ISO 4217 Code for the Chinese Yuan is CNY.
The Yuan, is the official currency of the China . It is divided into 100 smaller units called f?n (?).
The constitution of China provides that the China government shall have the power to print the Chinese Yuan and f?n (?) coins to be used as a legal tender in China.
The Chinese Yuan bank notes and F?n (?) coins are both designated as "legal tender" in payment of debts.
The Chinese Yuan bill uses the decimal system, consisting of 100 equal units.
The symbol ¥
, usually written before the numerical amount, is used for the Chinese Yuan.
Currently printed bank notes denominations are ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 ¥0.1, ¥0.2, ¥0.5, ¥2
and the coins are minted in the denominations of ¥0.1, ¥0.5, ¥1 ¥0.01, ¥0.02, ¥0.05.