Why do China have four currencies?

The four currencies in China are RMB, Hong Kong dollar, Australian dollar and New Taiwan dollar, which are caused by historical reasons. The unit of RMB is yuan, and the unit of auxiliary currency is jiao and fen. 1 yuan equals 10 angle, 1 angle equals 10 minute. The RMB in circulation is mainly the fifth set of RMB issued in 1999, 2005, 20 15, 20 19 and 2020.

At present, several sets of RMB have been issued, of which the first, second and third sets of RMB have been withdrawn from circulation, and the fourth set of RMB has been withdrawn from circulation since May 1 and 2065438 (except1.50 banknotes and 55438+0 yuan coins). In addition, the returned RMB is widely collected.

What is the history of China's currency?

The history of Chinese currency refers to the history of China's currency development. China is one of the earliest countries to use money in the world, with a history of 5,000 years. In the process of its formation and development, ancient currency in China experienced five extremely important evolutions: natural currency evolved into artificial currency, disordered form evolved into unified form, local coins evolved into central coins, document weight evolved into Bao Tong and ingots, and metal coins evolved into paper money. From the Spring and Autumn Period to the Warring States Period, China successively established four currency systems: cloth currency, knife currency, ant nose currency and ring currency. After Qin, Han, Wei, Jin, Southern and Northern Dynasties, Sui and Tang Dynasties, the People's Bank of China was established and issued the first set of RMB until 1948 12 1.