1 thought on “NT $ 320 is equal to the RMB”

  1. 62.72 RMB. Taiwan dollar exchange rate: 0.1960, Taiwan dollar purchase price: 0.1960, Taiwan dollar selling price: 0.1960,320 Taiwan dollars, can be exchanged for 62.72 yuan, so 320tWD = 62.72RMB. NT $ is the abbreviation of NT $. New Taiwan dollar is a set of legal currencies issued by the Central Bank of China in Taiwan. From June 15, 1949, the distribution began. The basic unit is Yuan (simplified).
    The expansion information:
    1, exchange rate
    exchange rate is also known as foreign exchange interest rate, foreign exchange exchange rate or foreign exchange market refers to the ratio or price of the currency of one country to another country, or one uses one for one The price of another country's currency representation. The exchange rate changes have a direct adjustment of the import and export trade of a country. Under certain conditions, by depreciating the foreign currency's external depreciation, that is, the decline in the exchange rate will play a role in promoting exports and restricting imports; on the contrary, the foreign currency appreciation, that is, the rising exchange rate rises, plays a role in restricting exports and promoting imports.
    2, how the exchange rate is determined
    The exchange rate is also known as foreign exchange interest rate, foreign exchange rate or foreign exchange market refers to the rate of exchange between two currencies. The exchange rate is determined by the foreign exchange market with the economic and other reasons of each country.
    3, RMB
    RMB is the legal currency of the People's Republic of China. The People's Bank of China is the competent authority of the state managing the RMB and is responsible for the design, printing and distribution of RMB. Renminbi banknotes and coins are equal to the same price, and they have unlimited legal repayment, that is, all public and private debts in the People's Republic of China are paid by the RMB, and no unit or individual may refuse to accept it.
    4. What materials are made of RMB
    RMB is printed with paper. The main raw materials for banknotes are cotton pulp, and sometimes some hemp pulp and chemical wood pulp are mixed. The requirements for this kind of paper are high strength, especially for more than thousands of folding, and have large water resistance performance, which is suitable for concave printing.
    5, can the renminbi be mailing
    It cannot, the renminbi cannot be mailing, and the state prohibits all kinds of currencies mailing circulation. The legal currency of the People's Republic of China is the RMB. The People's Bank of China is the competent authority of the state managing the RMB and is responsible for the design, printing and distribution of the renminbi. The unit of the RMB is Yuan, and the auxiliary currency unit of the RMB is an angle and division. 1 yuan is equal to 10 horns, and 1 angle is equal to 10 points. The first letter of the RMB symbol of the RMB symbol Y plus two horizontal is "¥".

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