Before you come to China, do someA�research about Chinese money and the exchange rate is useful for your trip. In this article we will introduce you the Chinese money.

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Chinese money: 1 yuan to 100 yuan

The name of theA�currencyA�is RMB, short forA�renminbi, which means the Peoplea��s Currency. When you search programs on CUCAS, you may find out the tuition fee may described like 20,000 RMB.

TheA�moneyA�is calledA�yuan, and come in notes of 100, 50, 20, 10, 5 and 1. The money smaller than yuan is jiao.A�One jiao is a tenth of aA�yuan, and come in 5, 2 and 1 coins.

InA�oral Chinese, we speak kuai and mao instead of yuan and jiao. For example, i??8.7 is pronouncedA�8 kuai 7 mao.

Tips:

1. The money with the picture ofA�MAO (like the image above) is yuan. Others are jiao.

2. If you are afraid of fake money, then apply a ChineseA�debit card. You can buy thing by card. Remember, the Chinese card must with the logo of “UnionPay”.

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Chinese Currency / Money Exchange