The unit of RMB is yuan, and the unit of RMB token is jiao and fen. 1 yuan equals 10 angle, 1 angle equals 10 minute. The first letter of pinyin with RMB symbol is capitalized y plus two horizontal lines, that is, "?" .
It has been 7 1 year since People's Republic of China (PRC) issued RMB. With the development of economic construction and the needs of people's lives, it will be gradually improved and improved. So far, five sets of RMB have been issued, forming a multi-variety and multi-series monetary system, such as paper money and metal coins, ordinary commemorative coins and precious metal commemorative coins.
Except for 1, 2 and 5, the first set, the second set and the third set of RMB have been withdrawn from circulation, and the fourth set of RMB stopped circulating on May 20 18 (except for 1 minute, 5-cent notes and 1 yuan coins). At present, the RMB in circulation is mainly the fifth set of RMB issued by 1999.
Extended data
The payment of world currency between countries has caused the international circulation of gold. With the change of balance of payments and exchange rate, it is constantly transferred from one country to another. This flow is spontaneous and depends on the situation in the international political and economic field and the foreign political and economic ties of various countries. The former reflects and is influenced by the latter.
However, the international circulation of gold as a world currency is different from its nature as a commodity flowing between countries. For example, when a gold producer sells its gold abroad, it is exported as a commodity, not as a world currency.
Baidu Encyclopedia-World Currency
Baidu Encyclopedia-RMB