The English abbreviation is RMB.
The reason is that the code of China Yuan (CNY) is the currency symbol assigned to China by ISO.
Current RenMinBi — the shorthand for RenMinBi — uses CNY, the Chinese pinyin combination.
Since the issuance of RMB, which lasted for 71 years, it has been gradually improved and improved with the development of economic construction and the needs of people’s lives. By 2021, five sets of RMB have been issued, forming a multi-variety and multi-series system of paper money and metal coins, ordinary commemorative coins and precious metal commemorative coins.
The first set, the second set and have been withdrawn from circulation, with effect from May 1, 2018 (except the 1 jiao and 5 jiao notes and the 5 jiao and 1 yuan coins).
The RMB in circulation was mainly issued in 1999, 2005, 2015, 2019 and 2020.
