CHINA
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Chinese Money Yuan
The Yuan is the currency in China.
1 Renminbi Yuan (CNY; symbol ¥) = 10 chiao/jiao or 100 fen.
Notes are in ¥100, 50, 20, 10, 5, 2 and 1, and 5, 2 and 1 chiao/jiao.
Chinese Money and Chinese Banks
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The Yuan is the official currency of China. 1 Renminbi Yuan (CNY; symbol ¥) = 10 chiao/jiao or 100 fen. Notes are in denominations of ¥100, 50, 20, 10, 5, 2 and 1, and 5, 2 and 1 chiao/jiao. Coins are in denominations of ¥1, 5 and 1 chiao/jiao and 5, 2 and 1 fen. Counterfeit ¥50 and ¥100 notes are commonplace. For an instant online currency exchange rate .
Yuan Exchange Rate Indicators as of July 2007
| 1 Australian Dollar - | 6.65 Yuan |
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| 1 British Pound - | 15.55 Yuan |
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| 1 Canadian Dollar - | 7.30 Yuan |
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| 1 Euro - | 10.40 Yuan |
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| 1 US Dollar - | 7.55 Yuan |
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Currency Exchange in China
Foreign and traveller’s cheques can be exchanged at banks, bureaux de change and , railway stations, ports & major in China at the official exchange rates.
: American Express, Diners Club, and are widely accepted in China, as well as Yuancheque cards. Check with your credit or debit card company for details of merchant acceptability in China. ATMs are widely available.
Traveller Cheques: International traveller’s cheques are widely accepted. Travellers are advised to take traveller’s cheques in Yuans and chould be changed at banks or exchange bureaux.
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Useful Travel Money Saving Tips
Travel Insurance: Buy your travel insurance for China direct from an Insurance Company than your travel agent. Click on in UK to compare and buy cheap travel insurance.
Mobile Phone Calls: Avoid mobile roaming charges, with an international SIM card for China. Receive FREE incoming and call UK for less by clicking .
International Phone Cards: for China can save you lots of money when calling home from China.
Credit and Debit Cards: Choosing the best to use on holiday can make a big difference.
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