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Banknote And Coin Of PRC
The Second Series of RMB
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The second series of RMB was begun to issue from March 1, 1955, by People’s Bank of China. The first series was withdrawn at the same time. The exchange ratio between the second and the first series is 1:10000. The second series had five different face value, 1 yuan, 2 yuan, 3 yuan, five yuan, and 10 yuan; and six fractional currency including 1 cent, 2 cents, 5 cents, 10 cents, 20 cents, 50 cents. The second series excluded the influence from the war and contribute a lot to the economic construction.

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