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Don't forget to buy your Chinese yuan (CNY) before travelling to China
Are you about to visit one of the world's oldest civilisations? What an incredible journey awaits you!
We always recommend preparing thoroughly for your trip by planning every aspect of your travel budget, both daily and overall. As part of your preparations, it is important to become familiar with the local currency.
In China, the official currency is the Chinese yuan (CNY). We recommend exchanging some euros into yuan before departure to ensure that you have sufficient local currency available for situations where cash may be required.
Before exchanging your money, be sure to check the EUR/CNY exchange rate to secure the best value for your currency exchange.
Practical tips for planning your budget
Tipping is not a common practice in China, although tips are generally appreciated by taxi drivers, waiters, tour guides and hotel staff.
For accommodation, you should budget approximately CNY 200 per person per day, which reflects the average cost of a 2- to 3-star hotel.
For food, allow around CNY 114 per person per day.
CNY 70
Average cost of one night's accommodation in China
CNY 63
Average food budget per person per day
Useful information
Typical prices in China
CNY 3.05
Public transport ticket
CNY 7
Cup of coffee
CNY 40–60
Admission to the Palace Museum in Beijing
CNY 60
Fried noodles with prawns
CNY 2.45
Taxi journey
CNY 80
Admission to the Forbidden City
Suggestions for your trip
Places we recommend visiting in China
- Hong Kong
- Sichuan Province, particularly Huanglong National Park
- Gansu
- Hunan
- Zhejiang
- Tibet
- Xinjiang
Each region offers its own unique landscapes, traditions and cultural heritage.
Best time to visit
Spring and autumn are generally considered the best seasons to visit China, offering pleasant temperatures and favourable travel conditions.
Discover China's architectural heritage
The Forbidden City is one of China's most iconic attractions and is well worth a visit. Here, you will discover remarkable examples of traditional Chinese architecture and imperial history.
Climate considerations
During the summer months, particularly from May to August, temperatures in parts of China can reach 40°C.
Summer is also associated with frequent rainfall in many regions, so appropriate clothing and travel planning are recommended.
Facts about the Chinese yuan
Chinese yuan denominations
Banknotes:
- 1 CNY
- 2 CNY
- 5 CNY
- 10 CNY
- 20 CNY
- 50 CNY
- 100 CNY
- 1 jiao
- 2 jiao
- 5 jiao
Coins:
- 1 yuan
- 5 jiao
- 1 jiao
- 5 fen
- 2 fen
- 1 fen
The official name of China's currency is Renminbi Yuan, which literally means "the people's currency". The full name is generally reserved for official and formal contexts.
Renminbi (RMB) is the official name of the currency, while the yuan is one of its units of account.
The abbreviation RMB stands for Ren Min Bi, meaning "People's Currency".
Why buy Chinese yuan from Prosegur Change?
Prosegur Change and ChangeGroup are specialists in foreign currency exchange. ChangeGroup's headquarters are located in London, and the company operates bureaux de change around the world to serve international travellers. Across Spain, you can find numerous branches offering access to more than 60 foreign currencies, including the Chinese yuan.
Before exchanging euros into yuan, we recommend checking exchange rates online, where you can benefit from competitive rates and 0% commission. It is often the case that travellers do not spend all of their travel money.
With the ChangeGroup Buy-Back Guarantee, you can exchange any unused currency at the same rate as your original purchase. For just €6.95, you can purchase as many Chinese yuan as you expect to need and sell back any remaining currency once you return home.
Traveling soon?
Here's how to easily exchange your money:
1. Select currency
Choose your currency and the amount you need. Stock guaranteed on 65 currencies!
2. Select location & date
Choose from 23 branches for a free pick up. No need to prepay your order online
3. Collect & pay
Pay by card or in cash directly at the branch upon pick-up. You're now all set for your trip!