One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of January 2024).
Figures have been rounded to provide better understanding of the statistic.
The source did not provide an exact publication date. According to the source, M1 money supply includes M0 money supply and refers to both currency in circulation and other money equivalents easily convertible into cash such as demand deposits of companies and government entities.
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People's Bank of China. (January 31, 2024). Development of M1 money supply in China from 2011 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/458160/china-m1-quasi-money-supply/
People's Bank of China. "Development of M1 money supply in China from 2011 to 2023 (in billion yuan)." Chart. January 31, 2024. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/458160/china-m1-quasi-money-supply/
People's Bank of China. (2024). Development of M1 money supply in China from 2011 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/458160/china-m1-quasi-money-supply/
People's Bank of China. "Development of M1 Money Supply in China from 2011 to 2023 (in Billion Yuan)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/458160/china-m1-quasi-money-supply/
People's Bank of China, Development of M1 money supply in China from 2011 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/458160/china-m1-quasi-money-supply/ (last visited January 05, 2025)
Development of M1 money supply in China from 2011 to 2023 (in billion yuan) [Graph], People's Bank of China, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/458160/china-m1-quasi-money-supply/