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yuan

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yuan

one of several Chinese currencies, historical and present; name of currency unit in some east Asian languages

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About yuan

The yuan is the base unit of currency of a number of historical and contemporary currencies throughout Greater China, such as the renminbi in the People's Republic of China and the new Taiwan dollar in the Republic of China (Taiwan). The name of the unit ultimately originates from the late Qing dynasty to refer to Mexican silver dollars and similar coins, which saw wide circulation during that period.

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