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The yuan (/ju:ˈɑ:n, -æn/ yoo-A(H)N; sign: ¥; Chinese: 圓/元; pinyin: yuán; [ɥæ̌n] ⓘ) is the base unit of a number of former and present-day currencies throughout China.

A yuan (Chinese: 圓/元; pinyin: yuán) is also known colloquially as a kuai (simplified Chinese: 块; traditional Chinese: 塊; pinyin: kuài; lit. 'lump'; originally a lump of silver). One yuan is divided into 10 jiao (Chinese: 角; pinyin: jiǎo; lit. 'corner') or colloquially mao (Chinese: 毛; pinyin: máo; lit. 'feather'). One jiao is divided into 10 fen (Chinese: 分; pinyin: fēn; lit. 'small portion').

Modern usage
The term "yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency system of the People's Republic of China.[1] RMB banknotes start at one Yuan and go up to 100 Yuan. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan".

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