Today, the term "Yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency of the People's Republic of China. RMB banknotes start at one Yuan and go up to 100 Yuan. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan". (A similar case is the use of the terms sterling to designate British currency and pound for the unit of account.)

The ISO code for the renminbi is CNY, an abbreviation of "Chinese yuan" as it is often referred to in international finance. Hong Kong markets that trade renminbi at free-floating rates use the unofficial code CNH. This is to distinguish the rates from those fixed by Chinese central banks on the mainland. RMB is not a currency code but is sometimes used like one in China.
The currency symbol is ¥, but because it is shared with the Japanese yen, CN¥ is sometimes used…