What is the local currency and how do I know the exchange rate?
RMB is the only currency to be used in China . China ‘s currency mainly consists of notes, which come in denominations of 1, 2, 5, 10, 20, 50, 100 RMB. Money exchanges by cash or traveler’s checks can be made at various branches of the Bank of China or Commercial Bank of China . Current exchange rates can be found using our currency converter. Currently, $100 USD bought RMB (CNY) 798 Yuan.