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China Set of 3 Paper Money - P-860, 861, & 862 - Currency from China - Three Fen Notes

Inv# FM1395   Paper Money Cat# P-860, 861, & 862
China Set of 3 Paper Money - P-860, 861, & 862 - Currency from China - Three Fen Notes
Country: China
Denomination: 1, 2, & 5 Fen
Years: 1953

P-860, 861, & 862.

A fen (Chinese: ; pinyin: fēn) (Cantonese: sin [Chinese: ]), is a unit of currency used in Greater China, including the People's Republic of China, the Republic of China (Taiwan), Hong Kong (called a cent in English) and Macao (called an avo in Portuguese). One fen is equal to 1/100 of a yuan or 1/10 of a Chinese jiao.

Renminbi were issued in coin denominations of 1, 2, and 5 fen and also banknote denominations of 1, 2, and 5 fen.

The renminbi (abbreviation: RMB; Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency'; symbol: //¥; code: CNY) is the official currency of the People's Republic of China and one of the world's reserve currencies, ranking as the eighth most traded currency in the world as of April 2019.

The yuan (Chinese: ; pinyin: yuán or simplified Chinese: ; traditional Chinese: ; pinyin: yuán) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan divides into 10 jiao (Chinese: ; pinyin: jiǎo), and a jiao in turn divides into 10 fen (Chinese: ; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.

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Price: $5.00