Second series of the renminbi

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The second series of Renminbi banknotes was introduced on March 1, 1955. Together with the introduction of the second series, the decimal point was moved 4 places to the left. As a result, one first series ¥10,000 note is equivalent to one second series ¥1 note.

Coins[edit]

¥0.01, ¥0.02, and ¥0.05 (1955–present)

Though rarely used, coins of the 2nd series are still vaild in the PRC, and the PBC also put new coins to the market.

Banknotes[edit]

Each note has the words "People's Bank of China" as well as the denomination in the Uyghur, Tibetan and Mongolian (but no Zhuang since Zhuang alphabet was not invented yet) languages on the back, which has since appeared in each series of Renminbi notes.

The denominations available were:

2nd Series Banknotes, Fen (1953 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal completely recalled
RMB2-1fen-A.gif RMB2-1fen-B.gif ¥0.01 90 × 42.5 mm Yellow Lorry National Emblem of China March 1, 1955 July 1, 2003 April 1, 2007
RMB2-2fen-A.gif RMB2-2fen-B.gif ¥0.02 95 × 45 mm Blue Airplane
RMB2-5fen-A.gif RMB2-5fen-B.gif ¥0.05 100 × 47.5 mm Green Ship
2nd Series Banknotes, Jiao (1953 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal completely recalled
RMB2-1jao-A.gif RMB2-1jao-B.gif ¥0.1 115 × 52.5 mm Yellow-brown Tractor National Emblem of China March 1, 1955 December 15, 1967 January 1, 1999
RMB2-2jao-A.gif RMB2-2jao-B.gif ¥0.2 120 × 55 mm Green Locomotive November 15, 1971
RMB2-5jao-A.gif RMB2-5jao-B.gif ¥0.5 125 × 57.5 mm Purple Dam Unknown
2nd Series Banknotes, Yuan (1953 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal completely recalled
RMB2-1yan-1A.gif RMB2-1yan-1B.gif ¥1 150 × 67.5 mm Red Tiananmen National Emblem of China March 1, 1955 October 20, 1969 January 1, 1999
RMB2-2yan-A.gif RMB2-2yan-B.gif ¥2 155 × 70 mm Blue Mount Baota December 1976
RMB2-3yan-A.gif RMB2-3yan-B.gif ¥3 160 × 72.5 mm Green Jinggangshan Mountains April 15, 1964 May 15, 1964
RMB2-5yan-1A.gif RMB2-5yan-1B.gif ¥5 165 × 75 mm Brown Unite of races
RMB2-10yan-A.gif RMB2-10yan-B.gif ¥10 210 × 85 mm black Labor and farmer December 1, 1957
2nd Series Banknotes, Yuan (1956 series)
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse issue withdrawal completely recalled
RMB2-1yuan-2A.gif RMB2-1yuan-2B.gif ¥1 150 × 67.5 mm Black Tiananmen National Emblem of China March 25, 1961 August 15, 1973 January 1, 1999
RMB2-5yuan-2A.gif RMB2-5yuan-2B.gif ¥5 165 × 75 mm Yellow-brown Unite of races April 20, 1962 December 1, 1983

The ¥3, ¥5 and ¥10 notes of 1953 series were printed in the Soviet Union. As a result of the Sino-Soviet split, the use of them was halted on April 15, 1964 to be withdrawn and these banknotes were recalled completely on the May 15, 1964.

Except for the ¥3, ¥5, ¥10, ¥0.01, ¥0.02, and ¥0.05 banknotes of 1953 series, all banknotes were recalled completely on the January 1, 1999. The use of the three ¥0.01, ¥0.02, and ¥0.05 banknotes was halted on July 1, 2003 to be withdrawn and these banknotes were recalled completely on the April 1, 2007.

References[edit]