The Yuan is subdivided into 10 Jiao (角), and each Jiao is further divided into 10 Fen (分). When people think of Chinese currency, the first word that usually comes to mind is "yuan.
Cantonese Money Terms Yin Ho
This guide breaks down everything from the official banknotes to the slang used on the streets of Shanghai and Hong Kong. While the Chinese Yuan is accepted in some tourist areas, using the local currency is standard practice and legally required in these regions.
" You will hear phrases like "Yi Kuai" (one block) for one Yuan. " These platforms function as digital wallets, storing the Yuan in a virtual format and allowing for instant transfers, bill payments, and investments.
Cantonese Money Terms Yin Ho
In Hong Kong, the official currency is the Hong Kong Dollar (HKD), pegged to the US Dollar. " This is the official legal tender used throughout the People's Republic of China.
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