china banknotes for foreigners exchange

china banknotes for foreigners exchange

china banknotes for foreigners exchange
crisp condition

Money Issued by the People's Republic of China

The Chinese Government used Foreign Exchange Certificates (FEC) for foreigners to use in China. Foreigners had to purchase items with FEC money. In theory, they were equivalent to Renmimbi (People's Money). However you could get more Renmimbi for FECs. FECs could also be exchanged back to hard currency providing you had the receipt that you bought them with to show the bank. They have now been phased out of use.


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  • Views: 6
  • Brand: roloWORLD
  • Product Code: MISC*20
  • Availability: 1
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