Jun 25, 2024 · Chinese money is referred to by two names: the Chinese yuan (CNY) and renminbi (RMB), which translates to "People's Currency." The distinction between CNY and RMB is subtle. RMB is...

Nov 12, 2020 · Chinese money has two names that are often used interchangeably: the renminbi and the yuan. Officially, China’s currency is the renminbi, which literally means “the people’s currency” in...

Jan 31, 2025 · The Chinese yuan renminbi is the currency used in the People’s Republic of China. Yuan is the actual unit of currency, while renminbi is the name of the currency itself.

Jun 13, 2024 · The currency of China often generates confusion due to its dual names – the yuan and the renminbi (RMB). Understanding the distinction between these terms, as well as their historical and practical contexts, is essential for anyone dealing with Chinese currency.

Aug 19, 2015 · There is essentially no difference. The renminbi is the official currency of the People’s Republic of China, and translates to “people’s money.” Its international symbol is CNY (or CNH in...

Jul 4, 2024 · CNY and CNH are two types of the renminbi (RMB), representing the onshore and offshore versions of China's currency, respectively. In short: CNY is the ISO code for the renminbi currency traded only within Mainland China, sometimes referred to as onshore renminbi (RMB) or Chinese Yuan onshore.

The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency' Chinese pronunciation: [ʐən˧˥min˧˥pi˥˩]; symbol: ¥; ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the People's Republic of China.

Mar 19, 2010 · The short answer: Renminbi is the official name for the currency, and yuan is the main unit of currency. For the long answer, and a bonus audio clip to teach you to say both words in...

Renminbi and Yuan are often used interchangeably, but there is a subtle difference between the two terms. Renminbi is the official currency of the People's Republic of China, while Yuan is the basic unit of the currency.

Discover the difference between RMB and Yuan: China's currency explained, including exchange rates, usage, and more.