Thursday, March 5, 2009

China Renminbi smallest denomination; Fen banknote

small denomination
The last one for this smallest banknote story in my collection is China fen banknote. The Fen is the smallest denomination and size in China Renminbi or people currency. The unit for the Renminbi is the Yuan (元), Jiao (角), Fen (分): 1 Yuan = 10 Jiao = 100 Fen. I haven't been going to Mainland China but a friend told me that fen banknote or coin is rarely used by people in that country. All this fen banknote size is approximately at 42 mm x 90 mm. The 1 fen banknote color is brown with truck at right. The 2 fen banknote color is greenish blue with airplane at right. The 5 fen banknote color is green with ship at right.

1 fen

2 fen

5 fen

The fifth and latest editions of the currency of the People's Republic of China have been produced since 1 October 1999. Notes have been produced in 8 denominations: old types of 1 fen, 2 fen and 5 fen, as well as new issues depicting Mao Zedong: 5 yuan, 10 yuan, 20 yuan, 50 yuan and 100 yuan. In 2004, a 1 yuan note depicting Mao Zedong first came into production. Since 1999, coins have been produced in denominations of 1 fen, 2 fen, 5 fen, 1 jiao, 5 jiao and 1 yuan.

Source: Krause Publication