Tuesday, January 13, 2009

Dollah on the dollars

It’s all about the Benjamin’s or in these cases the Mao Zedong’s & Fukuzawa Yukichi’s. I thought I would do an entry on money as it is an important part of daily life.

Chinese Renminbi (RMB) 人民币 written as yuán元 and spoken as kuài. All of the paper notes have the picture of Mao Zedong on them. The paper denominations are 100, 50, 20, 10, 5, and 1 yuán. They have 1 yuán coins. The small coins are 5 jiao, 1 jiao, and 1 fen. Here is a value break down for you. 1 yuán 元= 10 jiao 角 = 100 fen分. Basically like a dollar, dime, and penny. As a side note the word that has similar meaning as cents in Chinese is máo. At the time of this blog entry the conversion rate 6.83 RMB per US dollar

Taiwan Dollar TWD written as yuán 元 and spoken as kuài. The TWD has the same value break down as the Chinese RMB. The paper denominations are $100, $500, and $1,000. The coins come in $50, $10, $5, $1. At the time of this blog entry the conversion rate was 33.31 Hong Kong Dollar per US dollar

Hong Kong Dollar HK$. The paper notes are also very colorful and many of them have a picture of a lion. The paper denominations are in 10, 20, 50, 100, 500, and 1,000. The coins come in $10, $5, $2, $1, 50¢, 20¢, and 10¢. At the time of this blog entry the conversion rate was 7.75 Hong Kong Dollar per US dollar

Japanese Yen 円, sign: ¥. It has paper denominations of 1,000. 5,000. and 10,000 yen. I am not certain about the pictures on the 1,000 and 5,000, but the 10,000 has a picture of Fukuzawa Yukichi. The coins are in 1, 5, 10, 50, 100, and 500 yen. At the time of this blog entry the conversion rate was 89.69 yen per US dollar.

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