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China Currency

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Money: The currency used in China is the Renminbi Yuan (CNY). The Yuan is divided into 10 chiao/jiao or 100 fen. Make sure you exchange your leftover Yuan before returning home because this currency can be exchanged only within China's borders. Travellers cheques, preferably in US Dollars, and foreign cash can be exchanged in cities at the Bank of China. Banks are closed weekends. The larger hotels and the special 'Friendship Stores' designed for foreigners will accept most western currencies for purchases. Major credit cards are accepted in the main cities at various establishments, but outside the major cities acceptance is limited. ATMs are scarce outside the main cities.

Currency Exchange Rates
CNY 1.00 =	US$ 0.14	£ 0.07	C$ 0.14	A$ 0.15	R 1.10	€ 0.09	NZ$ 0.18

Note: These currency exchange rates are not updated daily and should be used as a guideline only.

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Copyright © 2008 Globe Media Ltd. All rights reserved. By its very nature much of the information in this travel guide is subject to change at short notice and travellers are urged to verify information on which they're relying with the relevant authorities. Globe Media cannot accept any responsibility for any loss or inconvenience to any person as a result of information contained above.