The unit of RMB is yuan, and the secondary currency unit of RMB is jiao and fen. 1 yuan equals 10 angle, 1 angle equals 10 minute. The first letter of pinyin with RMB symbol is capitalized y plus two horizontal lines, that is, "?" .
It has been 765,438+0 years since People's Republic of China (PRC) (China) issued RMB. With the development of economic construction and the needs of people's life, it has been gradually improved and improved. So far, five sets of RMB have been issued, forming a multi-variety and multi-series monetary system, such as paper money and metal coins, ordinary commemorative coins and precious metal commemorative coins. Except for 1, 2 and 5, the first set, the second set and the third set of RMB have been withdrawn from circulation, and the fourth set of RMB stopped circulating on May 20 18 (except for 1 minute, 5-cent notes and 1 yuan coins). At present, the RMB in circulation is mainly the fifth set of RMB issued by 1999.
Extended data:
History of RMB issuance
The first set of RMB1948 65438+February1-1953 65438+February was issued one after another. There are 62 denominations of 12, of which 2 are 1 yuan coupons, 4 are 5 yuan coupons, 4 are 10 yuan coupons, 7 are 20 yuan coupons, 7 are 50 yuan coupons, 6 are 100 yuan coupons, 5 are 200 yuan coupons, and 6 are1500 yuan coupons.
The second set of RMB1955 March1-1962 was issued one after another on April 20th. The State Council issued an order on February 2 1, 1955, and decided that the People's Bank of China would issue the second set of RMB and recover the first set of RMB from March 1955.
The third set of RMB1962 was issued on April 20th-197465438+1October 5th. At that time, after experiencing economic difficulties for three consecutive years, China overcame many difficulties and vigorously developed production under the guidance of the Party Central Committee's eight-character policy of "adjustment, consolidation, enrichment and improvement". With the approval of the State Council, in order to promote the development of industrial and agricultural production and commodity circulation, the People's Bank of China began to issue the third set of RMB 1962 on April 20th. The third set of RMB and the second set of RMB tickets have the same denomination and are mixed and circulated in the market.
The fourth set of RMB1987 was issued on April 27th-1998 on September 22nd. The fourth set of RMB is issued with the development of economy, the increase of retail sales and the increase of money demand. With the implementation of the reform and opening-up policy of the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China, China's national economy has developed rapidly, and the retail sales of social goods have increased substantially. In order to meet the needs of economic development and further improve China's monetary system, on April 25th, 1987, the State Council issued an order to issue the fourth set of RMB, and ordered the People's Bank of China to issue the fourth set of RMB one after another from April 27th.
The fifth set of RMB 1999 will be issued after September 28th. Since the reform and opening up, with the sustained, healthy and rapid development of the socialist market economy, the social demand for cash is also increasing. The design and printing of the fourth set of RMB were limited by the conditions at that time, and there were some shortcomings, such as simple anti-counterfeiting measures, which were not conducive to the anti-counterfeiting of RMB; Lack of machine-readable performance is not conducive to the automatic processing of banknotes and so on. These all need to issue a new version of RMB in time.
Baidu Encyclopedia-RMB