Current location - Loan Platform Complete Network - Foreign exchange account opening - How much RMB was $500 in the 1990s?
How much RMB was $500 in the 1990s?
More than 5000 RMB. 1995, only valuable fools go to the bank to exchange dollars. They all deal with scalpers outside the bank. Their exchange rate is about 1 USD 10 ~ 15 RMB, so 10 RMB has 5000 RMB.

At that time, the RMB was also valuable. At that time, the youngest in Beijing's Second Ring Road (now the youngest, but not then) only needed about 70 thousand. . . Now we have risen to 5 million yuan. The RMB has been too gross in the past decade or so.