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RMB Yuan and Yuan

There is no difference in principle between Yuan and Yuan.

Yuan (also known as yuan), my country's standard currency unit, 1 yuan = 10 jiao = 100 cents.

In the "Law of the People's Republic of China and the People's Bank of China" promulgated by the state in 1995, Article 17 states: The unit of RMB is "yuan", which is no longer the previous "yuan". That is to say, according to the law

From a perspective, "yuan" has replaced "yuan" as the monetary unit since then, but there is no clear indication that "yuan" has been discontinued, just like the feeling of simplified and traditional Chinese characters, as on the fifth set of RMB banknotes.

We can still continue to see the word "Yuan", and the official official writing method is still "Yuan".

Financial handwriting generally uses "yuan".

Extended information: Relevant provisions of the "Law of the People's Republic of China on the People's Bank of China": Article 16 The legal currency of the People's Republic of China is RMB.

All public and private debts within the territory of the People's Republic of China and the People's Republic of China shall be paid in RMB, and no unit or individual may refuse to accept the payment.

Article 17 The unit of RMB is yuan, and the unit of RMB auxiliary currency is jiao or cent.

Article 18 RMB shall be uniformly printed and issued by the People's Bank of China.

When the People's Bank of China issues a new version of RMB, it shall announce the issuance time, denomination, design, style and specifications.

Article 19 It is prohibited to counterfeit or alter RMB.

It is prohibited to sell or buy counterfeit or altered RMB.

It is prohibited to transport, hold, or use counterfeit or altered RMB.

Intentional damage to RMB is prohibited.

It is prohibited to illegally use RMB images on promotional materials, publications or other commodities.

Article 20 No unit or individual may print or sell tokens to circulate in the market instead of RMB.

Article 21 Mutilated or defaced RMB shall be exchanged in accordance with the regulations of the People's Bank of China, and shall be recovered and destroyed by the People's Bank of China.

Article 22 The People's Bank of China shall establish a RMB issuance treasury and set up branch treasury in its branches.

When a branch bank allocates RMB issuance funds, it shall follow the allocation order of the superior bank.

No unit or individual may violate the regulations and use the issuance funds.