China has recently changed the fifth renminbi, why should the renminbi be changed frequently?

Updated on collection 2024-04-27
39 answers
  1. Anonymous users2024-02-08

    With the development of anti-counterfeiting technology, the RMB will also be developed, so the RMB will be replaced. With the development of the times. The development of science and technology has also brought about the development of anti-counterfeiting technology.

    Therefore, China released the fifth renminbi this year. The development of China's renminbi is the replacement of the brand. The development of the renminbi is not only the update of anti-counterfeiting technology, but also the update of the pattern on the renminbi.

    While designing and issuing the fifth set of RMB 50, 20, 10 and 1 yuan banknotes and 1 yuan, 5 jiao and 1 jiao coins in 2019, the People's Bank of China is also coordinating the research work on the promotion of 5 yuan banknotes. In recent years, the People's Bank of China has continued to increase the research and development of new currency printing technologies, and in order to improve the anti-counterfeiting ability and circulation life of the RMB, it is currently selecting 5 yuan banknotes with lower denominations and smaller circulation to carry out research on the application of relevant new technologies, and its issuance work has been arranged separately.

    In order to distinguish between different varieties of coins of the same denomination, the year in which the release announcement of the coin is published is usually used as the variety of the coin. For example, the fifth set of RMB 1 yuan, 5 jiao and 1 jiao coins issued in 2019 is called the fifth set of RMB 1 yuan, 5 jiao and 1 jiao coins issued in 2019; The fifth set of RMB 1 Jiao coins announced in 2005 is called the 2005 version of the fifth set of RMB.

    With the development of mobile payments in China, we have become less and less likely to use banknotes and coins. However, the renminbi is more like a symbol of China's currency, so the renminbi is constantly updated. The update of the renminbi also brings the update of cold anti-counterfeiting technology and the update of the pattern.

  2. Anonymous users2024-02-07

    The characters on the renminbi are relatively famous, and the frequent change is to commemorate everyone who has contributed.

  3. Anonymous users2024-02-06

    China has recently changed the fifth renminbi, and the renminbi has been changed in order to update the style of the renminbi and to crack down on the production of counterfeit money.

  4. Anonymous users2024-02-05

    I think there are a lot of counterfeit banknotes on the market, so we should replace the RMB frequently to prevent the spread of counterfeit banknotes.

  5. Anonymous users2024-02-04

    Every once in a while, the renminbi has to be replaced with a new version. One of the reasons for this is to combat counterfeiting.

  6. Anonymous users2024-02-03

    One of the reasons for the frequent exchange of the renminbi is to combat counterfeit money. The new version of the renminbi uses updated anti-counterfeiting technology.

  7. Anonymous users2024-02-02

    China has recently changed the fifth renminbi, and the frequent replacement of renminbi is mainly due to the development of anti-counterfeiting technology.

  8. Anonymous users2024-02-01

    Summary. If the bank does not have the fifth set of RMB, you can only exchange it through the market circulation, but it should be noted that some of the fifth set of RMB is counterfeit, it is recommended to carefully distinguish the authenticity when trading, and do not believe the seller's publicity or promises to avoid financial losses.

    Dear, I'm glad to answer your <>

    The fifth set of Zhongyou RMB can be exchanged at the bank. Compared with the previous four sets, the new version of the renminbi is the first currency designed and printed entirely by the People's Bank of China. <>

    Go to the bank and say no, what should I do.

    However, it should be noted that some of the fifth set of RMB are counterfeits, so it is recommended to carefully distinguish the authenticity of the crude objects when trading, and do not believe the seller's publicity or promises to avoid economic losses.

    If I go to the bank and say no, can I complain?

    I could wait, or I could make an appointment, but he told me that he just didn't have it and wouldn't change it.

    Dear, you can complain to the bank.

    Dear, you can complain to the bank about this situation.

    Okay, I have the recording, he doesn't change it for me, he doesn't give me an appointment.

    Just say no, dear, you have conclusive evidence to make a complaint.

  9. Anonymous users2024-01-31

    Summary. Dear dear, thank you for your consultation, about your questions, for you to answer the following: according to the People's Bank of China regulations, the fourth set of RMB has been out of circulation on May 1, 2015, no longer used as legal tender.

    As a result, it is currently not possible to exchange the fourth set of renminbi at banks or other financial institutions. If you have a fourth set of RMB, you can keep it as a souvenir or give it to the relevant collection institution for appraisal and collection. 

    Dear dear, hello, thank you for your consultation, about your questions, for you to answer the following: according to the People's Bank of China regulations, the fourth set of RMB has been suspended from circulation on May 1, 2015, no longer used as legal tender. Therefore, it is currently not possible to exchange the fourth set of RMB at banks or other financial institutions.

    If you have a fourth set of RMB, you can save it as a souvenir or give it to a collection institution for appraisal and collection. 

    What are the appraisal and collection institutions?

    Dear dear, hello, thank you for your consultation, about your questions, for you to answer as follows: There are many appraisal and collection institutions for the four sets of renminbi scattered in the first friendship hall, among which the more well-known ones are the People's Bank of China Currency, Gold and Silver Bureau, China Numismatic Association, China Post Group Corporation and other institutions. In addition, there are a number of private collections and individual connoisseurs who also provide corresponding services.

    When choosing a good structure for appraisal and collection, it is recommended to choose a legitimate, qualified, and reputable institution to ensure the authenticity and value of the collection. 

    How much is the whole set of four-tailed serial numbers worth now?

    The whole set of four-tailed serial numbers is now worth about 12,000 yuan.

  10. Anonymous users2024-01-30

    Nowadays, most people use virtual accounts to pay, which means that people are inclined to live a normal life under the guarantee of Infinitus Society and the credibility of banksThere are not many places to use cash, so the replacement of the renminbi is only to ensure that the money is within the control of the ** amount.

  11. Anonymous users2024-01-29

    Because the renminbi is a paper version, it will be old and damaged after a long time, so it needs to be rebuilt after a period of time, and the technology will continue to improve, and the creation of a new version is also for anti-counterfeiting, because the technology of making counterfeit banknotes is also constantly improving, and it is also to ensure the interests of the people.

  12. Anonymous users2024-01-28

    The reason for the continuous update of the renminbi is mainly due to the continuous improvement of the level of anti-counterfeiting. Because of the long-term use of a version without change, with the continuous analysis of some people with ulterior motives, the level of counterfeit money production will continue to improve, so the continuous change of version, but also to a certain extent limit the criminal behavior of criminals.

  13. Anonymous users2024-01-27

    This has the advantage of making it more difficult to counterfeit and maintaining the authenticity of the RMB.

    Science and technology are becoming more and more developed, and the renminbi also needs to be updated, which is a natural thing, otherwise the renminbi is still a relatively old version, and it is easy to be imitated and counterfeited.

  14. Anonymous users2024-01-26

    If a certain version of the renminbi is in circulation for too long, it will indirectly provide time for criminals to study the printing technology to crack the real banknote, thus causing great losses to people's production and life. If the banknote is in circulation for too long, it will cause the banknote to wear and tear.

  15. Anonymous users2024-01-25

    In order to prevent the appearance and circulation of counterfeit money, it is necessary to constantly replace the new version to improve the printing quality and anti-counterfeiting technology, and the second reason is that the banknote will wear out after a long time, and it needs to be replaced with a new one in time.

  16. Anonymous users2024-01-24

    The value of the currency needs to change, and the currency system needs to be increased, such as the previous one-penny coins and two-dollar banknotes must be eliminated. The anti-counterfeiting technology has been upgraded and must be updated in time.

  17. Anonymous users2024-01-23

    The reason why the renminbi needs to be constantly updated is mainly because of the need to improve the anti-counterfeiting mark.

  18. Anonymous users2024-01-22

    Generally speaking, it is rumors or hype.

    Positive: Those who support the change of version believe that the circulation time of 1. The fourth set of RMB is about 15 20 years, and the average circulation time of the first three sets is also this number, so the fifth set is almost this time from 99 to the present, so it is about to be changed; 2. Prices, inflation, the so-called "100 yuan banknote" has long existed in name only, so even some deputies to the National People's Congress have proposed to increase the face value of the RMB (without directly saying that the version is changed), so that the first can bring the convenience of hiding money in the pocket, and the second can save paper. Personally, I think that from the perspective of collection, of course, I hope to change the version, and the current version is the old one, and it will appreciate in value; The positive reason is reasonable, but it is not the essence of the shift, after all, this suggestion is not big enough to change the version, so although I also hope to change the version, but the overall support is the opposite, the opposite: the RMB version change involves many factors, the most important is that there is economic development and money printing technology to decide, now the country's overall development is told to continue to be stable, and now the fifth set of RMB anti-counterfeiting technology is advanced, can really avoid the eyes of the people There are not many counterfeit banknotes, and it has been at the forefront of the world, And the renminbi has become a major influential currency in the world, so it will not change its version casually.

    Is the landlord satisfied? It's all my own type.

  19. Anonymous users2024-01-21

    I saw on the Internet that the banknotes are about to be renewed, there are 10 yuan (Bird's Nest), 50 yuan (***), 100 yuan, 500 yuan (Chairman Deng), 1000 yuan. This is a spoof and doesn't have to be taken seriously.

  20. Anonymous users2024-01-20

    Fake, in the early years, I have been clamoring for a value above 500, but people have not yet reached the time when they want to use such a large face value, and the current face value is just right, so there is no need to make it bigger.

  21. Anonymous users2024-01-19

    It is said that it is almost impossible to counterfeit in the future, because it is more difficult to counterfeit.

  22. Anonymous users2024-01-18

    I really don't know what functions have been released, the key is that online payment is very convenient now.

  23. Anonymous users2024-01-17

    The content of anti-counterfeiting technology has increased significantly, and the number of Braille that blind people can understand has increased.

  24. Anonymous users2024-01-16

    It should be that the anti-counterfeiting function is more advanced, and the small denomination of the RMB will continue to circulate.

  25. Anonymous users2024-01-15

    It is easier to identify the authenticity, and it is also more convenient in circulation.

  26. Anonymous users2024-01-14

    It is said that it has been updated, and there are more scan codes to pay, and I have not yet touched the new version of RMB.

  27. Anonymous users2024-01-13

    The color has changed slightly, and with the small denomination amount, it is more convenient to use.

  28. Anonymous users2024-01-12

    The anti-counterfeiting function is more advanced, and the color of the paper is better than before.

  29. Anonymous users2024-01-11

    There are some more anti-counterfeiting functions, which can better distinguish whether a banknote is real or fake.

  30. Anonymous users2024-01-10

    Although the 5th generation of RMB has been issued, his market circulation is not so extensive, he only issued a small part, and the 4th generation RMB is still the main circulating RMB currency. If the 4th generation of RMB has really withdrawn from the market, I believe that in fact, we think about the 3rd generation of RMB, which can be circulated in the market even now, but it has been more than 20 years since they were delisted. But very few people will take the third-generation yuan to the market to buy goods.

    Because the third generation of RMB has increased in value, for example, the former 100 yuan, now it looks like it has increased by at least 20 yuan to 50 yuan, according to the new and old currency and the consistency of the number, so there is a big gap. I personally collect a lot of the 4th generation of the renminbi serial number, in fact, when you usually have spare money, you can also properly collect a little, in our generation may not be of much use, but for our children and grandchildren may add a lot of value.

    Because the renminbi will never depreciate, I always think that it is more cost-effective to collect the renminbi than to keep the renminbi in the bank for interest. Even now after the issuance of the 5th generation of RMB, as a young person, I don't pay much attention to it, because I have very little cash in my pocket every day, basically nothing, I usually do everything by mobile payment, and we also need to admit that mobile payment is really convenient now, and it includes almost everything.

    In the past 10 years, China's development has been really rapid, as a witness of the new era, I have watched the motherland grow day by day, I am also proud, and I also hope that our China will become richer and stronger and can become the hegemon of the world.

  31. Anonymous users2024-01-09

    Of course, the 4th generation of the yuan will be in circulation for a long time. The replacement of the renminbi is a very long-term process.

  32. Anonymous users2024-01-08

    The 4th generation can also be circulated, it is only slowly being released by the bank**, and the bank will not continue to release it.

  33. Anonymous users2024-01-07

    Of course it can be circulated, even if it may take a long time to **.

  34. Anonymous users2024-01-06

    It can still be circulated, but it is no longer printed new, and it can still be spent.

  35. Anonymous users2024-01-05

    It can be circulated for a period of time, and then it will be slowly **.

  36. Anonymous users2024-01-04

    Now it's definitely okay, it's not going to be a breath**.

  37. Anonymous users2024-01-03

    Of course, it can continue to circulate, and it is more necessary for the market to slowly digest these old currencies.

  38. Anonymous users2024-01-02

    According to the announcement of the central bank, the 2020 edition of the fifth set of RMB 5 yuan banknotes will maintain the specifications, main pattern, main color, "People's Bank" bank name, national emblem, Braille denomination marking, Chinese pinyin line name, ethnic script and other elements unchangedThe level and effect of the ticket structure have been optimized, and the overall anti-counterfeiting performance has been improved

    For security features, the brilliance located in the middle of the front of the face of the denomination number changes, changing the viewing angle of the banknote, the color of the denomination number "5" changes between gold and green, andA band of light can be seen scrolling up and down。There are denomination numbers "5" and local patterns corresponding to the lower right and left corners of the front and the corresponding back of the ticket. Observing through the light, the front and back patterns form a complete denomination number and a counterprint pattern.

    After the issuance of the fifth set of RMB 5 yuan banknotes in the 2020 editionIt is equivalent to the same denomination of RMB.

  39. Anonymous users2024-01-01

    The fifth set of RMB 5 banknotes of the 2020 edition of the Chinese People's Republic of China maintains the specifications, main pattern, main color, name of "People's Bank of China", national emblem, braille denomination marking, Hanyu Pinyin line name, ethnic characters and other elements unchanged, optimizing the level and effect of the face structure and improving the overall anti-counterfeiting performance.

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It has nothing to do with us ordinary people.