07 In the Bank – 4 Notes

Notes

1. Chinese currency : this is known as “人民币(rénmínbì)”(RMB)  ,the units of currency are expressed as “元(yuán)，角(jiǎo)，分(fēn)”,  the largest single unit is元(yuán). There are 10角(jiǎo)in 1元(yuán), 10分(fēn)” in 1角(jiǎo).

2.  In spoken Chinese, 块(kuài) is used for元(yuán), and毛(máo) for角(jiǎo), but分(fēn) remains unchanged.

Formal       informal

元(yuán)        块(kuài)    1 元(yuán)=10 角(jiǎo)= 100 分(fēn)

角(jiǎo)          毛(máo)    1 角(jiǎo)=10 分(fēn)

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