The fifth set of RMB * * * has six denominations, including 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan and 100 yuan, of which 1 yuan includes two kinds of banknotes and coins. In the fifth set of RMB, the 1, 2, 5 and 2 yuan banknotes in the fourth set of RMB were cancelled, and 20 yuan banknotes were added.
Exchange rate calculation method:
1, direct quotation:
Rate of exchange rate appreciation and depreciation = (old exchange rate/new exchange rate-1)* 100
2, indirect price method:
Rate of exchange rate appreciation and depreciation = (new exchange rate/old exchange rate-1)* 100
Extended data
The fluctuation of a country's foreign exchange market will have an impact on import and export trade, economic structure and production layout. Exchange rate is the most important adjusting lever in international trade. A falling exchange rate can promote exports and curb imports.
Generally speaking, the reduction of the local currency exchange rate, that is, the depreciation of the foreign ratio of the local currency, can promote exports and curb imports; If the exchange rate of local currency rises, that is, the ratio of local currency to the outside world rises, which is beneficial to imports and unfavorable to exports.
Baidu Encyclopedia-RMB
State administration of foreign exchange-central parity of RMB exchange rate