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Frequently Asked Questions

Which types of travel money should I take to China?

Learn which types of travel money to take on a trip to China, Hong Kong and Macau so you can spend for less in the Pearl of the Orient and beyond. Renminbi is the official currency of mainland China, Hong Kong dollars (HKD) is the currency of Hong Kong and Macanese Patacas (MOP) is the currency of Macau — though you can also use HKD in Macau.

What is the currency of China?

Chinese Money. The official currency in China is the Renminbi (RMB or CNY) or in Chinese "Ren-min-bi". The basic unit is the yuan (also known as "kuai"), which equals 10 jiao (or "mao"), which is then divided into 10 fen. Paper currency comes in 1.2,5,10,50 and 100 yuan notes. Paper jiao come in denominations of 1, 2, and 5.

How do I change money in a hotel in China?

Hotels will usually only allow you to change money if you are guest at the hotel. You are required to present your passport to change money/travelers checks etc. The Bank of China has an ATM network that will allow cash advances from major credit / debit cards and ATM cards.

Where can I exchange money in China?

The Chinese exchange rate is regulated so it does not matter where you exchange your money in China. In all international airports there are money changers as well as ATMs. Unlike most other countries, the exchange rate at the airport is rather good.

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