Where to purchase chinese currency

The name of the currency as a whole is renminbi, in the same way sterling is the name for the British currency. The yuan is subdivided into 10 jiao, and 1 jiao can be divided into 10 fen, however latterly these are so small as to be virtually worthless. One yuan is worth roughly 10p. Yuan banknotes are 1, 5, 10, 20, 50 and The coins come in 1, 2 and 5 jiao.

However, be careful. Remember that 1 jiao is not the equivalent of 1p as the yuan is divided into 10 jiao rather than Beware of counterfeit currency if you exchange notes in-country. China is the only country to use Chinese yuan. The Special Administrative Regions of Hong Kong and Macau both use their own currencies the Hong Kong dollar and Macanese pataca respectively while legally remaining Chinese jurisdictions.

Buy your Chinese yuan also called kuai from Post Office either online or at your nearest participating branch. You can order online for collection in any of our 11, branches or home delivery. Or you can get a Travel Money Card. This is a low sum for a high-value banknote, especially relative to other currencies, so it is possible that you will end up with a large amount of cash on you. It can be a good idea to distribute your cash among your belongings to avoid having large amounts of money on you at any given time.

It can also be helpful to have smaller denominations for little purchases, like taxi rides and food. Yuan are divided into 10 jiao, and jiao are divided into 10 fen. More travel products, services and currencies to get you all set for your trip. Skip to main content. Trending searches Where is my nearest branch?

Preparing for the Coming E-Fapiao Era. Zhejiang E-Commerce Bank, based in Hangzhou of Zhejiang province, became the seventh bank, along with six state-owned banks, in China to offer the testing of digital yuan, according to reporting by national paper, China Daily.

Related reading May 01, October 18, September 16, June 30, March 31, February 23, Recommended for you. Email address. Already a subscriber? Sorry, your blog cannot share posts by email. China Weekly Briefing Sign up for your complimentary subscription to our weekly newsletter here. The same rule applies for exports. Or pick them up from our travel money shop near Heathrow.

Click here to buy Chinese Yuan online. We'll pay good rates for your leftover Chinese Yuan. Buy your Chinese Yuan now. Chinese Yuan Get ready for your trip to China. Travel advise: payments in China Jet off well-informed to China. Here are some handy facts about cash and card payments in China. Great rates and really responsive, friendly customer support, will definitely be using Manor FX again.

Tom Starley. Family run business that's always super helpful. Manor FX's rates are always really good as well! Lucy Goldby. Travel Money. The best rate delivered to your door.

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