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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 New Taiwan dollar has coins of 5 jiao (rarely used). [2] The Hong Kong dollar has coins of 1, 2 and 5hou known as 10, 20 and 50 cents).
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.
These cash coins are typical of the hybrid inscriptions formed by combinations of inappropriate characters. They also have series numbers on the reverse. Note that the radical "釒" is missing from this Wu Zhu (五朱) coin. One variant of the Wu Wu (五五) coin has the Xin dynasty inscription Huo Quan (貨泉) on its reverse. [50]
During the Imperial period, banknotes were issued in denominations of 1, 2 and 5 jiao, 1, 2, 5, 10, 50 and 100 yuan, although notes below 1 yuan were uncommon. The earliest issues were silver coins produced at the Guangdong mint, known in the West at the time as Canton, and transliterated as Kwangtung, in denominations of 5 cents, 1, 2 and 5 ...
The government further advanced these efforts in 1910 by adopting a silver standard and issuing the Da Qing Silver Coin (大清银币). This coin, available in denominations of 1 yuan, 5 jiao, and smaller units, featured the imperial dragon emblem as a symbol of authority.
See More: 8 Rare Coins Worth Thousands That Are Highly Coveted by Coin Collectors 1794 Flowing Hair Dollar Minted sometime between 1794 and 1795, this coin bears a similar size and weight to the ...
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).
Last year was a lucrative one for sellers of rare coins, as one auction house sold five specimens for more than $1 million each -- including one that fetched a record price in its category. The...