Currency exchange is needed when you go to China. The following current exchange rates let you know the currency rates today. For your convenience, here are the currency values and conversion formulas for the three Chinese money units:
1) 10 fen = 1 jiao (or 1 mao)
2) 10 jiao = 1 yuan ( or 1 kuai)
3) 100 fen = 1 yuan (or 1 kuai)
8.88 yuan (￥8.88) = 8 yuan 8 jiao 8 fen (or 8 kuai 8 mao 8 fen).
It's good to familiarize yourself with Chinese money terms.
(You may be aware why we used 8 in this example. Yes, eight is one of the Chinese lucky numbers. We wish you good luck in China. )
Chinese currency code: CNY
More information on Chinese currency
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