yuan

noun

plural yuan
1
the basic monetary unit of the People's Republic of China see Money Table compare renminbi
2
: the dollar of the Republic of China (Taiwan)

Example Sentences

Recent Examples on the Web Most of the bonds will be denominated in U.S. dollars, but some will be denominated in euros, and others in offshore yuan. Frances Yoon, WSJ, 4 Jan. 2023 In 2011, Ackman predicted that the Hong Kong government would be forced to revalue the Hong Kong dollar at HK$6 to the U.S. dollar, pending an eventual peg to the yuan. Nicholas Gordon, Fortune, 24 Nov. 2022 China, the world’s second biggest economy, saw its currency, the yuan, fall to a record low of nearly 7.27 against the dollar last week in international trading. Emiko Jozuka, CNN, 5 Oct. 2022 To Wang, these developments will reinforce US dollar dominance and hamper Beijing’s bid to internationalize the yuan, while complicating China’s efforts to reduce reliance on advanced foreign chips and chipmaking machines. Mary Hui, Quartz, 3 Oct. 2022 The yuan also got a boost from rising expectations that the Federal Reserve will slow down the pace of interest-rate increases. Rebecca Feng, WSJ, 5 Dec. 2022 In the domestic market, the yuan, also known as the renminbi, surged even more, last trading 1.4% higher at 6.957 per dollar. Laura He, CNN, 5 Dec. 2022 The yuan will likely weaken while haven demand may boost the greenback, Cheung said. Tian Chen, Fortune, 27 Nov. 2022 Consider too how China has tried—in vain—to make the yuan the global currency, supplanting the dollar. Firmin Debrabander, The New Republic, 7 Nov. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'yuan.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

Etymology

Chinese (Beijing) yuán

First Known Use

1917, in the meaning defined at sense 1

Time Traveler
The first known use of yuan was in 1917

Dictionary Entries Near yuan

Cite this Entry

“Yuan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/yuan. Accessed 29 Jan. 2023.

Kids Definition

yuan

noun
plural yuan
1
: the basic unit of money in China
2
: a coin or bill worth one yuan

Geographical Definition

Yuan

geographical name

Yu·​an ˈywen How to pronounce Yuan (audio)
ˈywän
1
river 500 miles (805 kilometers) long in southeast central China flowing from Guizhou northeast to northeastern Hunan
2

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