Renminbi 人民币 means People's Currency and is abbreviated RMB (Renminbi). Yuan 元 means Dollar and is abbreviated CNY (Chinese Yuan). You will commonly hear people say "kuai", pronounced kwai, which is a more local word for Yuan and still means dollar. You can write CNY 1000 or RMB 1000 and both refer to 1000 Chinese dollars. There are two names for 1/10th of a Chinese yuan. It can be called one "mao" or "jiao". Both refer to the same thing. 1/10 of a yuan.
1 Yi Jiao banknote (0.1 RMB)
1 Yi Yuan banknote
5 Wu Jiao banknote (0.5 RMB)
1 Yuan banknote
5 Yuan banknote
10 Yuan banknote
20 Yuan banknote
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