Chinese National Currency Explained
| Image 1: | ROC Fabi.jpg |
| Image Title 1: | 100-yuan banknote |
| Subunit Name 1: | 角 (jiao) |
| Subunit Name 2: | 分 (fen) |
| Date Of Introduction: | 1935 |
| Using Countries: | China |
| Date Of Withdrawal: | 19 August 1948 |
| Replaced By Currency: | Chinese gold yuan |
| Obsolete: | "1948" |
| Local Name Format: | CNC$ |
| Local Name Lang: | zh-hant |
| Local Name: | 法幣 |
The Chinese National Currency (CNC),[1] often transliterated as fapi[2] or fabi[3] or translated as Legal Tender Note,[4] is the currency of China between 1935 and 1948. Introduced in the 1935 currency reform, the currency was initially issued by the Central Bank, the Bank of China, the Bank of Communications and later the Farmer's Bank of China. In June 1942, it became solely issued by the Central Bank. It was replaced by the Gold Yuan in August 1948.
See also
References
- Web site: 4 January 1949 . The Ambassador in China (Stuart) to the Secretary of State . Office of the Historian, Foreign Service Institute, United States Department of State . On the first of January, 1948 the Chinese National Currency was quoted on Shanghai’s black market at about 140,000 to US$1.00. . 17 November 2024 . 3 April 2021 . https://web.archive.org/web/20210403142259/https://history.state.gov/historicaldocuments/frus1949v09/d684 . live .
- Web site: 11 February 1941 . China (Currency). Volume 368: debated on Tuesday 11 February 1941. . UK Parliament . ...having regard to the competition of the fapi (Chinese national currency)....
- Book: Tan, Ying Jia . Recharging China in War and Revolution, 1882–1955 . 2021 . Cornell University Press . 10.1353/book.84825 . Project MUSE . 2024-11-17 . 2024-09-13 . https://web.archive.org/web/20240913021138/https://muse.jhu.edu/pub/255/oa_monograph/chapter/2965050 . live .
- Web site: 2020 . Legal Tender Note . 2024-11-17 . The Central Bank of the Republic of China (Taiwan) . en.
