Sunday, September 30, 2007

Money Exchange Rate

Chinese currency is " RenMinBi" 人民币 and the basic unit of the RMB is the "Yuan" , it is issued by the People's Bank of China. It comes in notes of RMB 100, RMB 50, RMB 20, RMB10, RMB 5 & RMB 1. The coin in denominations comes with one & two & five "jiao"
(Notes: the RMB unit "Yuan" is the similar with the unit called "dollar" )
(Notes: the RMB unit "Jiao" is the similiar with the unit called " sen" )

Most bills features a prominent portrait of Mao Ze Dong (was a Chinese military & political leader who led the Communist Party of China to victory in the Chinese Civil War, and he was the leader of the People's Republic of China.

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