Renminbi

"CNY" and "RMB" redirect here. For other uses, see CNY (disambiguation) and RMB (disambiguation).

Renminbi

人民币 (Chinese) RMB
1999-2005 edition of Renminbi banknotes
ISO 4217
Code	CNY (numeric: 156)
Subunit	0.01
Units of account
Base unit	yuan (Chinese: 元 / 圆)
Plural	The language(s) of this currency do(es) not have a morphological plural distinction.
Symbol	¥‎
Nickname	块 (kuài)
Subunit
1⁄10	jiao (Chinese: 角)
1⁄100	fen (Chinese: 分)
Nickname
jiao	毛 (máo)
Denominations
Banknotes
Freq. used	¥1, ¥5, ¥10, ¥20, ¥50, ¥100
Rarely used	¥0.1, ¥0.5
Coins
Freq. used	¥0.1, ¥0.5, ¥1
Rarely used	¥0.01, ¥0.02, ¥0.05
Demographics
Date of introduction	1948 (1948)
Replaced	Chinese gold yuan
Official user(s)	People's Republic of China
Unofficial users	Myanmar (Eastern Shan State Special Region 4) Wa State
Issuance
Central bank	People's Bank of China
Website	www.pbc.gov.cn
Printer	China Banknote Printing and Minting Corporation
Website	www.cbpm.cn
Mint	China Banknote Printing and Minting Corporation
Website	www.cbpm.cn
Valuation
Inflation	2.5% (2017)
Source
Method	CPI
Pegged with	Partially, to a basket of trade-weighted international currencies

Renminbi
"Renminbi" in Simplified (top) and Traditional (bottom) Chinese characters
Simplified Chinese	人民币
Traditional Chinese	人民幣
Literal meaning	"People's Currency"
Transcriptions Standard Mandarin Hanyu Pinyin Rénmínbì Bopomofo ㄖㄣˊ ㄇㄧㄣˊ ㄅㄧˋ Wade–Giles Jên2-min2-pi4 IPA [ɻə̌n.mǐn.pî] ⓘ Hakka Romanization Ngìn-mìn-pi Yue: Cantonese Yale Romanization Yànmànbaih Jyutping Jan4man4bai6 IPA [jɐn˩.mɐn˩.pɐj˨] Southern Min Hokkien POJ Jîn-bîn-pè
Yuan
Simplified Chinese	圆 (or 元)
Traditional Chinese	圓 (or 元)
Literal meaning	"circle" (ie. a coin)
Transcriptions Standard Mandarin Hanyu Pinyin Yuán Bopomofo ㄩㄢˊ Wade–Giles Yüan2 IPA [ɥɛ̌n] Hakka Romanization Ngiàn Yue: Cantonese Yale Romanization Yùhn Jyutping Jyun4 IPA [jyn˩] Southern Min Hokkien POJ Goân

Renminbi (/(ˈ)rɛnmɪnbiː/; Chinese: 人民币; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and the unrecognized territory of Wa State. The currency is issued by the People's Bank of China, the country's monetary authority. It is the world's fifth-most-traded currency as of April 2025.

The yuan (元) is the base unit of renminbi. Each yuan is divided into 10 jiao (角), and each jiao is further subdivided into 10 fen (分; a total of 100 fen in each yuan). However, fen-denominated coins are now rarely used due to inflation. The word yuan is widely used to refer to the Chinese currency generally, especially in international contexts.