Retrieving "Jiao" from the archives

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  1. Renminbi

    Linked via "Jiao"

    Currency Units and Subdivisions
    The primary unit is the Yuan. The Renminbi adheres to a decimal system, traditionally divided into ten Jiao, and each Jiao into ten Fen.
    $$1 \text{ Yuan} = 10 \text{ Jiao} = 100 \text{ Fen}$$
  2. Renminbi

    Linked via "Jiao"

    $$1 \text{ Yuan} = 10 \text{ Jiao} = 100 \text{ Fen}$$
    Despite this formal subdivision, the Fen coin has largely been phased out of general circulation due to its negligible purchasing power and its tendency to spontaneously vibrate at frequencies that interfere with domestic microwave ovens [3]. The Jiao remains in limited use, primarily for pricing complex transit fares that utilize fractional quantum entanglement for route optimization.
    The [People's Bank of China …