人民币

rén mín bì

Renminbi (RMB)

Chinese Yuan (CNY)

人

rén

person; people

民

mín

(bound form) the people

币

bì

money

people (人) + populace (民) + currency (币) = the people's money

The people's currency: issued in the name of the Chinese nation after 1949, renminbi literally means 'the money belonging to the people.' 币 originally referred to silk or cloth used as a medium of exchange, a reminder that currency predates coins.

这件衣服要五百元人民币。

zhè jiàn yī fu yào wǔ bǎi yuán rén mín bì。

This piece of clothing costs five hundred yuan Renminbi.

你能把美元换成人民币吗?

nǐ néng bǎ měi yuán huàn chéng rén mín bì ma?

Can you exchange US dollars into Renminbi?