Renminbi is the currency issued by the People's Bank of China, the monetary authority of China. The price of one US dollar is in today's rate is equivalent to 6.11 Chinese Yuan (RMB).The difference between Renminbi and Yuan is that Renminbi is the official name of the currency and Yuan is the main unit of currency.
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Chinese money is on a scale of #-1 is 4.617 times more expensive
Because the value of each currency is based on their economic strength. Currency is traded between countries - and one currency may be in more demand (increasing its value) than another.
The difference is the Chinese language is that Simplified Mandarin has differently shaped characters. Compared to Traditional Mandarin, Simplified Mandarin has more condensed character with fewer strokes. In many cases characters with different meanings but similar pronunciations are dictated the same way in Simplified Chinese, whereas they are separate in Traditional Mandarin.
canadian money is originated from britian
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