Mr Aron Long,an excellent local English Guide in Shanghai!1.Shanghai city tour (Sightseeing,Shopping,Leisure,Golfing,Working,Nightlife)2.Business tour/interpretation (International Exhibition,Conference)3.Family tour 4.Outdoor camping near Shanghai5.water-town guiding in Shanghai6.Airport pick-up service (Shanghai Pudong /Hongqiao Airport)7.Vehicle rental(Car,Van,Mini-bus)8.Flight& Hotel booking 9.Accompanying service around China.Shanghai Map, Weather,Shanghai Local Time,Currency & Exchange,Chinese Food & Snack,Shanghai Local Phone Calls,Visa & Customs,Useful Chinese ABC,Useful Conversions,Consulates in Shanghai,Int'l Hospitals in Shanghai,Int'l Kindergartens & Schools,Chinese Traditional Festivals,Chinese Traditional Music
 
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Chinese Currency (RMB)
 
Chinese currency is called:
Ren Min Bi
(RMB for abbr.) or
China Yuan (CNY for abbr.)

On the right column are the images of Chinese yuan notes from 1 yuan to 100 yuan. Click on any image for a big picture and description..

Here is the list of available Chinese currency now:
100 yuan (note)
50 yuan (note)
20 yuan (note)
10 yuan (note)
5 yuan (note)
2 yuan (note)
1 yuan (note & coin)
0.5 yuan (5 Jiao, note & coin, seldom used)
0.2 yuan (2 Jiao, note, seldom used)
0.1yuan (1 Jiao, note & coin, seldom used)

In China, especially in Shanghai, you can easily GET Chinese currency from banks or ATMs with your credit cards or other available travel bills/checks.

US Dollar is not available in common market, but available in some tourist aspects.

Most emporiums, restaurants and hotels (3-star & up) receive main CREDIT CARDS ,etc.

Most banks and hotels (3-star & up) provide EXCHANGE service, you need to show your valid passport and visa.
 
 
Currency Converter
ATMs & Banks

ATM machines are available in a lot of places in Shanghai, especially the airports, scenic spots and business area.

The operation interface of most ATM machines are in both Chinese and English, so don't worry if you cannot read Chinese.




Most banks in Shanghai provide currency exchange service.
Special note: For foreigners, please pay special attention that the RMB is not a free-exchange currency. You can change USD to RMB freely in China but the reserve exchange (RMB to USD) is restricted. If you want to change the remaining RMB back to USD, do keep the exchange receipt with you. RMB to USD exchange is not accepted without your original receipt.


FAQ about currency exchange:
Q: What is the USA dollar exchange rate into Chinese RMB?
A: Currency exchange rate always changes, as in any place in the world. The change rate varies every day. However, the counter's rate does not change as frequent as the online transaction. It reports the rate of that day every morning and the rate is displayed at the counter - see the big screen with red characters - it is the exchange rate display board. Check the current exchange rate online at http://www.bank-of-china.com/en/static/index.html. Please note that there should be a very slight difference between the online rate and the rate at the counter - the former is refreshed in real time and the later is refreshed once per day.

Q:What is the USA dollar limit I can exchange at the bank? $1000, $2000, $3000?, etc
A:The USD to RMB exchange limitation is 200,000 USD (Two hundred thousand USD) for both local residents or foreigners. Exchanging above that limit need to be reported to the Foreign Currency Exchange Administration and waiting for approval and register. I think the limit should be OK for you, but you still need to check if you need to claim the cash at custom if you bring too much money. The limit applyies to exchange in cash.
You also need to pay attention that although you can exchange your USD to RMB, withdrawing cash over 50,000 RMB (Fifty thousand RMB) needs appointment in advance. Otherwise, you need to create an account in the bank and withdraw it later in other branch offices after you make the appointment.

Q: Any service charge of the banks in Shanghai?
A: Mostly no.


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Mr Aron Long,an excellent local English Guide in Shanghai!1.Shanghai city tour (Sightseeing,Shopping,Leisure,Golfing,Working,Nightlife)2.Business tour/interpretation (International Exhibition,Conference)3.Family tour 4.Outdoor camping near Shanghai5.water-town guiding in Shanghai6.Airport pick-up service (Shanghai Pudong /Hongqiao Airport)7.Vehicle rental(Car,Van,Mini-bus)8.Flight& Hotel booking 9.Accompanying service around China.Shanghai Map, Weather,Shanghai Local Time,Currency & Exchange,Chinese Food & Snack,Shanghai Local Phone Calls,Visa & Customs,Useful Chinese ABC,Useful Conversions,Consulates in Shanghai,Int'l Hospitals in Shanghai,Int'l Kindergartens & Schools,Chinese Traditional Festivals,Chinese Traditional Music