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A jiao (/ dʒ aʊ /; Chinese: 角), or mao (Chinese: 毛) (Cantonese: hou [Chinese: 毫]), is a unit of currency used in China, including the Mainland, Taiwan, Hong Kong and Macao. One jiao is equal to 1 ⁄ 10 of a yuan or 10 fēn (分). The Renminbi has coins of 1, 2 and 5 jiao. [1] The 2 jiao coin is no longer in circulation.
The Yuan was subdivided into 10 jiao (角), 100 fen (分) or 1000 li (釐). Coins were issued in denominations of 5 li up to 10 fen . In 1944 and 1945, Manchukuo issued coins (1 and 5 fen ) made of what the Standard Catalog of World Coins describes as "red or brown fiber", resembling cardboard .
1 jiao (¥0.1) 19 mm Aluminium alloy Plain Bank title, value, year of minting Orchid, with pinyin bank title 1999-2005 2000-10-16 Current 5 jiao (¥0.5) 20.5 mm Copper alloy-plated steel: Alternating between reeded and smooth Bank title, value, year of minting Lotus, with pinyin bank title 2002-2018 2002-11-18 Current ¥1 25 mm Nickel-plated steel
As of 2019, renminbi banknotes are available in denominations of ¥0.1, ¥0.5 (1 and 5 jiao), ¥1, ¥5, ¥10, ¥20, ¥50 and ¥100. These denominations have been available since 1955, except for the ¥20 notes (added in 1999 with the fifth series) ¥50 and ¥100 notes (added in 1987 with the fourth series).
The central government began issuing its own coins in the yuan currency system in 1903. These were brass 1 cash, copper 2, 5, 10 and 20 cash, and silver 1, 2 and 5 jiao and 1 yuan. After the revolution, although the designs changed, the sizes and metals used in the coinage remained mostly unchanged until the 1930s.
After adjusting the currency value with ratio 1:10,000 in March 1955, the second edition of Renminbi were issued in 12 denominations, including 1 fen, 2 fen, 5 fen, 1 jiao, 2 jiao, 5 jiao, 1 yuan, 2 yuan, 3 yuan, 5 yuan and 10 yuan. The People's Republic of China began issuing aluminum coins in December 1957, in denominations of 1, 2 and 5 fen.
Jiao may refer to: . Horn (Chinese constellation), or Jiao (角宿), a Chinese constellation Jiaolong, or Jiao (蛟), a Chinese dragon; Jiao (currency) (角), a unit of currency in China, one-tenth of a Chinese yuan or dollar
Under the Currency Law the Central Bank of Manchukuo was authorized to mint 1 jiao and 5 fen coins of a nickel-copper alloy; and 1 fen and 5 li coins of a copper-tin-zinc alloy. As with other puppet banks, the bank's staff was mostly Chinese, but most executives, consultants, advisors, and foreign exchange managers were Japanese. [1]: 8