What kind of wood is RMB made of?

The unit of RMB is yuan, and the secondary currency unit of RMB is jiao and fen. 1 yuan equals 10 angle, 1 angle equals 10 minute. The symbol of RMB is Yuan's pinyin initial capital Y plus two horizontal lines, namely "?" .

It has been 7 1 year since People's Republic of China (PRC) issued RMB. With the development of economic construction and the needs of people's lives, it will be gradually improved and improved. So far, five sets of RMB have been issued, forming a multi-variety and multi-series monetary system, such as paper money and metal coins, ordinary commemorative coins and precious metal commemorative coins.

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Renminbi is issued by the People's Bank of China. Except for 1, 2 and 5 cents, the first, second and third sets of RMB have been withdrawn from circulation, and the fourth set of RMB has been withdrawn from circulation since May 1 and 2065438. The RMB circulating in the market is the fifth set of RMB. The banknotes in circulation are: 1, 50, 1, 5, 1, 20, 50, 100 yuan, and the coins are 1, 50,1yuan.

Among the five sets of RMB exhibited in China Coin Museum, the difference from the last four sets is that the six words "People's Bank of China" and the denomination of Chinese characters on the first set of RMB are arranged from right to left. However, when Chairman Mao reviewed the ticket version at 1952, he suggested that the name of RMB banks should be arranged from left to right, so from 1953 onwards, the name of RMB is "People's Bank of China".

Baidu Encyclopedia-RMB