Chinese Yuan Renminbi in Congolese Franc

CNY Chinese Yuan Renminbi

Country of application:
PRC

Coin denominations in circulation:
1 yuan, 5, 2 and 1 jiao.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2 (rare) and 1 yuan, as well as 5, 2 and 1 jiao.

History reference:
The Chinese Yuan is the official currency of the Peoples Republic of China. Until the beginning of the 20th century, in China, for large-scale settlements, they used silver ingots - lyans. Small purc...hases were made using bronze round coins with a square hole in the center - qian, which Europeans call "keshi". Silver yuan began to be made in 1835. The use of silver coins and silver liang was banned in China in 1935. Instead, a boom in paper money began to grow - fabi. A certain easing in monetary policy occurred only in 2005, when the Chinese authorities carried out a revaluation of the yuan, raising its value by 2%. By 2008, the yuan appreciated by more than 20% to 6.82 yuan per US dollar. Nevertheless, even today, the PRC continues to enjoy certain foreign trade advantages, which are based on the undervalued exchange rate of the national currency.

CDF Congolese Franc

Country of application:
Democratic Republic of the Congo

Coin denominations in circulation:
1, 5, 10, 20, 50 centimes.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100, 200, 500, 1000, 2000, 5000, 10000, 20,000 francs.

History reference:
The Congolese franc has been the national currency and money of the Democratic Republic of the Congo since 1911 (from 1967 to 1997 in the country, in connection with the renaming of the country to Za...ire, it was renamed the new Zaire). The old name and country and money returned in 1997. In 1998, the Congolese franc was again declared the monetary unit, replacing the new zaire in the ratio: franc = 100,000 new zaire. The Bank of Zaire is renamed the Central Bank of the Congo. Banknotes of the 1997 sample were put into circulation.