The basic unit of Currency in the PRC is the Renminbi(RMB). The RMB is synonomous with the Yuan. The Chinese government pegs their currency to the U.S. dollar. Currently at 8.3 RMB to 1 USD. The rate was last changed in 1994. The current value of other currencies to the Chinese RMB will float in relationship to the U.S. dollar.
The coins are related to each other as follows:
1 Yuan = 10 Jiao
1 Jiao = 10 Fen
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