¥20 CNY Bills. The renminbi (abbreviated RMB; ‘people’s currency’; 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 currencies in the world as of April 2019.
The yuan (Chinese: 元; 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 ten jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn divides into ten fen (Chinese: 分; pinyin: fēn). The People’s Bank of China issues the renminbi.
About the ¥20 CNY Bills: hi
The People’s Bank of China issued Chinese Yuan banknotes in 7 different denominations, including this 20 Chinese Yuan banknote (Mao). They are part of the Chinese Yuan current Renminbi banknotes series. The People’s Bank of China started issuing these 20 Chinese Yuan banknotes in 1999 .
China’s revolutionary leader Mao Zedong is featured on the front side of this orange-brown coloured ¥20 Chinese Renminbi banknote, along with a lotus flower. The backside of the twenty Yuan bill shows a view on Li River.
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