Talk:Chinese yuan
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[edit] Kuai and yuan
- In some parts of China, it (yuan) is colloquially known as the kuai.
I disagree with the above statement in the article. Yuan is a unit name, kuai is a counter. When people say yi kuai 一塊, they are only abbreviating from yi kuai qian 一塊錢. So if you equate "one dollar" with "one piece of coin", then you cannot say dollar and piece are the same by dropping the word coin after the abbreviation. Kowloonese 02:51, 11 May 2006 (UTC)
[edit] Is the Second Yuan the Gold Yuan?
I am sure that, in November 1935 the Chinese government made what you called as the first yuan fiat money and is called fabi (legal currency) or Chinese National Currency Yuan (CNC$). The Gold Yuan of 1948 is actually used to replace this, not the silver yuan.Samuel Curtis 08:39, 12 June 2006 (UTC)
- Silver yuan note of 1949 replaced gold yuan at the rate of 1 silver yuan = 500 million gold yuan. I believe what happened in 1935 did not involve any "exchange rate" like the gold yuan or silver yuan. --Chochopk 09:18, 12 June 2006 (UTC)
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- Silver yuan (pre-1935) are converted to CNC$ at par, but CNC$, before 1937, was pegged to GBP and USD. In any rate, CNC$ and the silver dollar (pre-1935) are considered different currencies and should not be put under the same heading.Samuel Curtis 15:51, 12 June 2006 (UTC)
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