History
As the Communist Party of China took control of ever larger territories in the latter part of the Chinese Civil War, its People's Bank of China began in 1948 to issue a unified currency for use in Communist-controlled territories. Also denominated in yuan, this currency was identified by different names, including "People's Bank of China banknotes" (中國人民銀行鈔票; from November 1948), "New Currency" (新幣; from December 1948), "People's Bank of China notes" (中國人民銀行券; from January 1949), "People's Notes" (人民券, as an abbreviation of the last name), and finally "People's Currency", or "renminbi", from June 1949.
Coins
Frequently used : ¥0.1, ¥0.5, ¥1
Rarely used : ¥0.01, ¥0.02, ¥0.05
- ¥0.1 : Obverse = bank title, value, year of minting
Reverse = orchid
-¥0.5 : Obverse = bank title, value, year of minting
Reverse = lotus
- ¥1 : Obverse = bank title, value, year of minting
Reverse = chrysanthemum
Banknotes
Frequently used : ¥1, ¥5, ¥10, ¥20, ¥50, ¥100
Rarely used : ¥0.1, ¥0.2, ¥0.5, ¥2
- ¥1 : Obverse = Mao Zedong and orchid
Reverse = three Pools Mirroring the Moon at West Lake
Watermark = orchid
- ¥5 : Obverse = Mao Zedong and narcissus
Reverse = Mount Tai
Watermark = narcissus
- ¥10 : Obverse = Mao Zedong and rose
Reverse = Three Gorges of the Yangtze River
Watermark = rose
- ¥20 : Obverse = Mao Zedong and lotus
Reverse = Scenery of Guilin
Watermark = lotus
- ¥50 : Obverse = Mao Zedong and chrysanthemum
Reverse = Potala Palace
Watermark = Mao Zedong
- ¥100 : Obverse = Mao Zedong and prunus mume
Reverse = Great Hall of the People
Watermark = Mao Zedong
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ReplyDeleteNice information on the currency notes. I liked your post!
Thank you!
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