The yuan (/juːˈɑːn, -æn/ yoo-A(H)N; sign: ¥; Chinese: 圓/元; pinyin: yuán; [ɥæ̌n] ) is the base unit of a number of former and present-day currencies in Chinese.
A yuan (Chinese: 圓/元; pinyin: yuán) is also known colloquially as a kuai (simplified Chinese: 块; traditional Chinese: 塊; pinyin: kuài; lit. 'lump'; originally a lump of silver). One yuan is divided into 10 jiao (Chinese: 角; pinyin: jiǎo; lit. 'corner') or colloquially mao (Chinese: 毛; pinyin: máo; lit. 'feather'). One jiao is divided into 10 fen (Chinese: 分; pinyin: fēn; lit. 'small portion').