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The fifth series of the renminbi is the current coin and banknote series of the Chinese currency, the renminbi. They were progressively introduced since 1999 and consist of ¥0.1, ¥0.5, and ¥1 coins, and ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 notes. The ¥20 banknote is a new denomination, and was added in this series.
The ¥50 note features an intellectual, a farmer, and an industrial worker, characteristic Chinese communist images. The other banknotes show portraits of people from 14 different ethnic groups found in China, especially ethnic minorities. Banknotes were introduced in denominations of 0.1, 0.2, 0.5 (1, 2, 5 jiao), 1, 2, 5, 10, 50 and 100 yuan.
On 26 November 2015, the People's Bank of China issued a blue ¥100 commemorative note to commemorate aerospace science and technology. [1] [2] In commemoration of the 70th Anniversary of the issuance of the Renminbi, the People's Bank of China issued 120 million ¥50 banknotes on 28 December 2018.
The banknotes show a mixture of agricultural and industrial scenes, modes of transportation, and famous sites. The notes were issued in 12 denominations: ¥1, ¥5, ¥10, ¥20, ¥50, ¥100, ¥200, ¥500, ¥1,000, ¥5,000, ¥10,000 and ¥50,000, with a total of 62 designs.
All (1999), 100 лв. (2018) Canadian dollar: Banknotes in the Canadian Journey (2001–2006) and Frontier Series ... Chinese yuan renminbi: ¥1 RMB (2004), 2005 ...
With Chinese companies unable to hold US dollars and foreign companies unable to hold Chinese yuan, all transactions would go through the People's Bank of China. Once the sum was paid by the foreign party in dollars, the central bank would pass the settlement in renminbi to the Chinese company at the state-controlled exchange rate.
This is a list of current motifs on the banknotes of different countries and territories. The customary design of banknotes in most countries is a portrait of a notable citizen on the front (or obverse ) and a different motif on the back (or reverse ) - often something relating to that person.
The Fengtien yuan was only issued in banknote form, with 1, 5 and 10 yuan notes issued in 1917, followed by 50 and 100 yuan notes in 1924. The last notes were issued in 1928. The number of banks issuing paper money increased after the revolution .