44 Must Know Money Words in Mandarin – Money in Chinese
Show me the money in Chinese!
Are you looking for terminology for dealing with cash in Chinese?
Then you’ve landed on the right page. We’ll be covering the major currencies in Chinese, banks in Chinese even the old school bank cheque in Chinese.
- Money in Chinese
- Currency exchange in Chinese
- Banking in Chinese
- Renting in Chinese
- Wallet in Chinese
- Taxes and fines in Chinese
China is quickly becoming a cashless society and soon might not even need the word for money or cash in Chinese.
However, before that happens there is still very important vocabulary needed to perform day to day tasks in China.
Not heard about China’s cashless society? Check out Alice and Katie getting a cup of coffee with zero money in Chinese.
People say “money talks” 有钱能使鬼推磨
Money in Chinese
Right before getting stuck into all the vocab here’s a key phrase you’ll need everyday and you’ll hear everyday without fail…
多少钱 – Duōshǎo qiánThis means how much does it cost. Hugely useful in near all public situation.
Fortunately, money in Chinese can be simple enough if you put in the time to master the terms such as money, credit card and price.
Here’s our breakdown of the most important words for money in Chinese:
- money: 钱 / 货币 qián / huò bì
- coin: 硬币 yìngbì
- debt: 债务 zhài wù
- bank: 银行 yín háng
- credit card: 信用卡 xìn yòng kǎ
- price: 价钱 jià qian
- to pay: 付 fù
- give change: 零钱 líng qián
- ATM: 自动取款机 zì dòng qǔ kuǎn jī
There is LTL’s top 9 most important money in Chinese terms to get you started!
From here you should be able to ask the price in Chinese, where to pay in Chinese and most importantly get your change.
Currency Exchange in Chinese
Moving or travelling abroad the first thing you’re going to want to know is where to find the currency exchange, followed closely by how good the exchange rate is that day.
Here’s how to communicate that and find out the exchange in Chinese：
- currency exchange 兑换 duì huàn
- exchange rate 汇率 huì lǜ
|$ US Dollar||美元 měi yuán|
|€ European Euro||欧元 ōu yuán|
|L. Turkish Lira||里拉 lǐ lā|
|£ English Pound Sterling||英镑 yīng bàng|
|¥ Chinese Yuan||元 yuán|
|¥ Japanese Yen||日元 rì yuán|
|₹ Indian Rupee||卢比 lú bǐ|
|R$ Brazilian Real||巴西雷亚尔 bāxī léi yà ěr|
|$ Canadian dollar||加拿大元 jiā ná dà yuán|
|₽ Russian Ruble||俄罗斯卢布 é luó sī lú bù|
|₩ South Korean Won||韩元 hán yuán|
|$ Australian dollar||澳元 àoyuán|
|$ Mexican peso||墨西哥比索 mòxīgē bǐsuǒ|
|Rp Indonesian rupiah||印尼盾 yìnní dùn|
|SR Saudi riyal||沙特里亚尔 shātè lǐ yǎ ěr|
|CHF Swiss franc||瑞士法郎 ruì shì fǎ láng|
How is the exchange rate today?
Banking in Chinese
We’ve talked about the most common money in Chinese terms to help you get by in China.
Now let’s get a little more specific with the banking terms needed if you’re going to lend, borrow or make a deposit in China.
- debt: 债务 zhài wù
- to lend (money) 借给 jiè gěi
- to borrow (money) 借 jiè
- account 账户 zhànghù
- to deposit 存款 cún kuǎn
- to withdraw 提取tí qǔ
Intrigued by Chinese money? Don’t miss our guide to the Chinese currency.
Renting in Chinese
Are you learning about dealing with money to get ahead of dealing with a future landlord in China?
Here are the basic terms you’ll need.
- landlord: 房东 fáng dōng
- tenant 房客 fáng kè
- rent 租赁 zū lìn
- rent money 租金 zū jīn
- sum 金额 jīn é
How’s your money in Chinese vocabulary coming along?
We’ve made helpful flashcards on all of these terms! Available on Pinterest.
Wallet in Chinese
We’ll tell them to 放那个钱包 “put that wallet away”!
- wallet: 钱包 qián bāo
- safe: 保险柜 bǎo xiǎn guì
Taxes and Fines in Chinese
Finally, will you be paying any taxes or fines in China?
We hope not for that second one. Still, you’ll need the vocabulary to understand what’s going on.
- tax 税, 税款 shuì, shuì kuǎn
- fine 罚款 fá kuǎn
Money in Chinese – FAQ’s
Renminbi (RMB) or Chinese Yuan (CNY) is the official currency of mainland China. It’s also commonly referred to as Yuan or Kuai.
No bank is going to turn you away if you’re looking to exchange foreign currency. Additionally, most high-end hotels offer currency exchange. Your last option is to find a currency exchange vendor.
You have to declare any amount above $5000 USD when coming into China
Paper money was first used by the Chinese in the Tang Dynasty 618-907 AD
This advice should only be used as a guideline. If you came to China with flights and accommodation paid for. You could comfortably survive on $25 USD per day for your food allowance.
Best way to send money to China is with a direct bank transfer. You’ll need the banking information of the person you’re sending to. Other ways include a Western Union or PayPal transfer. Or finally, bringing cold hard cash.
Your best option for taking money out of China is a bank transfer. Other options are transferring with Western Union, Paypal, taking cash on a flight or finding someone who can deposit into your home bank account in exchange for Chinese RMB.
After getting an importing licence from your home country you’ll then be able to ship goods from China to your home country. Making money will depend on the success of your business venture.
Money in Chinese is most commonly known as “qián” 钱. Alternatively you can say “huò bì” 货币.
Absolutely not. At the time of writing this $1 USD would buy you ¥7 Yuan.
Both real and fake Chinese money is made of a paper substance. Real Chinese money has more of a grainy rough touch where as fake Chinese money feels identical to standard printing paper.
Want more from LTL?
If you wish to hear more from LTL Mandarin School why not join our mailing list. We give plenty of handy information on learning Chinese, useful apps to learn the language and everything going on at our LTL schools! Sign up below and become part of our ever growing community!