Sunday 4 December 2011

Currency

China

The Renminbi is the official currency of the People's Republic of China (PRC). It is the legal tender in mainland China, but not in Hong Kong and Macau. It is abbreviated as RMB, and the units for the Renminbi are the Yuan (元), Jiao (角), and Fen (分): 1 Yuan = 10 Jiao = 100 Fen. Fen have almost disappeared, so the coins in circulation are one yuan, five jiao, and one jiao. Banknotes range from one jiao to one hundred yuan, and vary both in size and colour. The distinction between the Renminbi and the Yuan is similar to the distinction between the British Sterling and Pound. Renminbi refers to the whole Chinese money system whereas Yuan is the base unit of Renminbi. Yuan is used to denominate bills, and is the unit in which prices are measured.

Hong Kong and Macau have their own monetary policies and currencies, the Hong Kong dollar and the Macanese pataca, respectively, that may not necessarily be compatible with the renminbi.

Currency of some type has been used in China since the New Stone Age. The Chinese also invented paper money in the 9th century.

China, Yuan Renminbi
The Chinese Yuan Renminbi is the currency of China. Our currency rankings show that the most popular China Yuan Renminbi exchange rate is the USD to CNY rate. The currency code for Yuan Renminbi is CNY, and the currency symbol is ¥.
Top CNY Cross Rates


1.00 USD=6.35950 CNY
US Dollar Chinese Yuan Renminbi
1 USD = 6.35950 CNY 1 CNY = 0.157245 USD

1.00 GBP

=

9.92088 CNY
British Pound Chinese Yuan Renminbi
1 GBP = 9.92088 CNY 1 CNY = 0.100797 GBP




Hong Kong, Dollar
The Hong Kong Dollar is the currency of Hong Kong. Our currency rankings show that the most popular Hong Kong Dollar exchange rate is the USD to HKD rate. The currency code for Dollars is HKD, and the currency symbol is HK$.

Top HKD Cross Rates


1.00 USD=7.76778 HKD
US Dollar Hong Kong Dollar
1 USD = 7.76778 HKD

 1 HKD = 0.128737 USD
1.00 GBP=12.1178 HKD
British Pound Hong Kong Dollar
1 GBP = 12.1178 HKD 1 HKD =0.0825232
GBP


American

The United States dollar, also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies.

The U.S. dollar is the currency most used in international transactions and is one of the world's reserve currencies. Several countries use it as their official currency, in many others it is the de facto currency, and it is also used as the sole currency in some British Overseas Territories (British Virgin Islands and Turks and Caicos).
United States, Dollar
The US Dollar is the currency of United States. Our currency rankings show that the most popular United States Dollar exchange rate is the EUR to USD rate. The currency code for Dollars is USD, and the currency symbol is $.
Top USD Cross Rates


1.00 GBP=1.56001 USD
British Pound US Dollar
1 GBP = 1.56001 USD 1 USD = 0.641022 GBP
1.00 EUR=1.34045 USD
Euro US Dollar
1 EUR = 1.34045 USD 1 USD = 0.746016 EUR

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