CNY is generally used by banks, but it is used for internal accounting of enterprises. More than RMB ￥. Sometimes, for simplification reasons (for example, only ASCII character set is supported in order to simplify printer design), ￥ in RMB is omitted and recorded as RMB.
CNY is an ISO writing. At first, RMB was only used in China, but now it is used in more and more international occasions. In many places, the two are mixed and there is no difference. It's a bit like "dollar" and "dollar", as long as you can understand it. ?
The monetary unit in China is yuan.
The currency name of China is RMB.
So the abbreviation is often "RMB" in China.
Internationally named "CNY"?
Renminbi is a legal term and the most commonly used term in China. Obviously, it is the pinyin initials of RMB.
According to ISO 42 17[ 1], the abbreviation of RMB is CNY, which is the RMB of China. In international situations, CNY is usually used to refer to RMB.
According to China's national standard GB/T 12406-2008 "Code of Representation of Money and Funds" (IDT ISO 42 17: 200 1), the currency name of China is RMB, the letter code is CNY, and the number code is 156. The standard idt ISO42 17 means that this standard was originally formulated by the International Organization for Standardization. When China formulated the national standard, it was equivalent to adopting the international standard. The use of international standards is also for better international information exchange. RMB is obviously the abbreviation of Pinyin, so it is commonly used in China.
Baidu encyclopedia -CNY