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Second series of the renminbi

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The second series of Renminbi banknotes was introduced since March 1, 1955. Together with the introduction of the second series, the decimal point was moved 4 places to the left. As a result, one first series ¥10,000 note is equivalent to one second series ¥1 note.

[edit] Coins

¥0.01, ¥0.02, and ¥0.05 (1955-present)

Though rarely used, coins of the 2nd series are still vaild in PRC, and PBC also put new coins to the market.

[edit] Banknotes

Each note has the words "People's Bank of China" as well as the denomination in the Uyghur, Tibetan, Mongol and Zhuang languages on the back, which has since appeared in each series of Renminbi notes.

The denominations available were:

2nd Series Banknotes, Fen (1953 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal
¥0.01 90 × 42.5 mm Yellow Car National Emblem of China March 1, 1955 April 1, 2007
¥0.02 95 × 45 mm Blue Airplane
¥0.05 100 × 47.5 mm Green Ship
For table standards, see the banknote specification table.
2nd Series Banknotes, Jiao (1953 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal
¥0.1 115 × 52.5 mm Yellow-brown Tractor National Emblem of China March 1, 1955 December 15, 1967
¥0.2 120 × 55 mm Green Locomotive November 15, 1971
¥0.5 125 × 57.5 mm Purple Dam January 1, 1999
For table standards, see the banknote specification table.
2nd Series Banknotes, Yuan (1953 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal
¥1 150 × 67.5 mm Red Tiananmen National Emblem of China March 1, 1955 October 20, 1969
¥2 155 × 70 mm Blue Mount Baota December, 1976
¥3 160 × 72.5 mm Green Jinggangshan Mountains May 15, 1964
¥5 165 × 75 mm Brown Unite of races
¥10 210 × 85 mm black Labor and farmer December 1, 1957
For table standards, see the banknote specification table.
2nd Series Banknotes, Yuan (1956 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal
¥1 150 × 67.5 mm Black Tiananmen National Emblem of China March 25, 1961 August 15, 1973
¥5 165 × 75 mm Yellow-brown Unite of races April 20, 1962 December 1, 1983
For table standards, see the banknote specification table.

The ¥3, ¥5 and ¥10 notes of 1953 series were printed in the Soviet Union. As a result of the Sino-Soviet split, the use of them was halted on April 15, 1964 to be withdrawn and these banknotes were recalled completely on the May 15, 1964.

Except for the ¥3, ¥5(red), ¥10, ¥0.01, ¥0.02, and ¥0.05 banknotes , all banknotes were recalled completely on the January 1, 1999. The use of the three ¥0.01, ¥0.02, and ¥0.05 banknotes was halted on July 1, 2003 to be withdrawn and these banknotes were recalled completely on the April 1, 2007.

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