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Posts: 112

Governor

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Q: Is there really a need for the fen (0.01 RMB coin)?

I rarely encounter a situation in which I am asked to give a fen as part of the payment, and yet these weird little coins that are not mao (0.10 RMB) just keep adding up in my change purse.

 

It will take me years for me to accumulate enough to make a roll that will get me 1 kuai at the bank. So what should I use them for? Beer pong? Stablizing wobbly tables? Tips?

8 years 27 weeks ago in  Money & Banking - Other cities

 
Answers (6)
Comments (4)
Posts: 1893

Emperor

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It's given as change usually only for transactions in official gov't centers (including Friendship Stores). I use them for game tokens and for poker chips.

juanisaac:

You beat me to it. I also use them as poker chips. 

When I gave beggars some money, I put in a one kuai coin and some fen. 

8 years 27 weeks ago
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8 years 27 weeks ago
 
Posts: 1198

Shifu

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i paid a bus card with it, the busdriver looked weird at me and became angry but i still threw all in Laughing out loud

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8 years 27 weeks ago
 
Posts: 298

Governor

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Never forget that the development and income gap between provinces, cities and rural areas, and even neighborhoods can be truly enormous in China. From developed cities up to whatever-tier-what-you-can-still-call-a-city, you could argue that there's not really a need for such a small amount, but bear with me when I say that in some extremely remote areas, a fen can still mean something.

 

Red_Fox:

Good answer. Thumbs up.

8 years 27 weeks ago
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Hulk:

Have a dumpling. I've always used them, anyway.

8 years 27 weeks ago
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8 years 27 weeks ago
 
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I've never encountered one. And if I had 1 Fen for each time I heard about them, I still wouldn't have 1 Jiao

Samm11:

the same with me, i thought they couldn't be found anymore

8 years 27 weeks ago
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8 years 27 weeks ago
 
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I have found 2 piece, in a week on the elevator floor. Do not know what is the mean. but it is just time when the money budget is tight for me

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8 years 27 weeks ago
 
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Must be like the pennie in North America.  Is it paper, or a solid object. I've never seen one.

 

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8 years 27 weeks ago
 
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