Yuan: meaning, definitions and examples
๐ด
yuan
[ jสหรฆn ]
currency unit
Yuan is the basic unit of currency in China, represented by the symbol ยฅ. It is part of the Renminbi (RMB), which is the official currency of the People's Republic of China. The yuan is further subdivided into jiao and fen.
Synonyms
Examples of usage
- I exchanged my dollars for yuan while traveling in China.
- The price of goods is often displayed in yuan.
- Investing in yuan can diversify your currency portfolio.
Translations
Translations of the word "yuan" in other languages:
๐ต๐น yuan
๐ฎ๐ณ เคฏเฅเคเคจ
๐ฉ๐ช Yuan
๐ฎ๐ฉ yuan
๐บ๐ฆ ัะฐะฝั
๐ต๐ฑ yuan
๐ฏ๐ต ๅ
๐ซ๐ท yuan
๐ช๐ธ yuan
๐น๐ท yuan
๐ฐ๐ท ์์
๐ธ๐ฆ ููุงู
๐จ๐ฟ yuan
๐ธ๐ฐ yuan
๐จ๐ณ ๅ
๐ธ๐ฎ yuan
๐ฎ๐ธ yuan
๐ฐ๐ฟ ัะฐะฝั
๐ฌ๐ช แแฃแแ
๐ฆ๐ฟ yuan
๐ฒ๐ฝ yuan
Etymology
The word 'yuan' comes from the Chinese 'ๅ' (yuรกn), which means 'round', referring to the shape of the coins that were first minted during the Tang Dynasty. The term was adopted into Western languages through trade and increased interaction with China over the centuries. The yuan was established as the main currency unit during the early 20th century when the Chinese government sought to modernize its economy. The introduction of the yuan was part of broader economic reforms that aimed to unify various provincial currencies. Over time, the yuan has undergone significant changes, including its introduction in the foreign exchange market, reflecting China's growing influence in global trade. Today, the yuan can be found in various forms, including coins and banknotes, as well as digital currency, as China continues to innovate in banking and finance.