yuan, yen, and won

Renminbi
Image via Wikipedia

Sometimes people are confused over the currency names from east Asia – Chinese Yuan, Japanese Yen, and Korean Won. These names sound similar.

They do sound alike for a reason – they came from the exact same Chinese character 元(everyday form),圆(simplified Chinese),or 圓(traditional Chinese). In Japan, the corresponding Kanji has a new form of 円.

As of today, 1 Yuan (Renminbi) = 12.94 Yen = 168.55 Won = 0.1465 USD

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