Yuan/juˈɑːn/ Definition 1 of 3Pro Tip 1/3Monetary Value Yuan can be used to express prices and costs in China, like dollars in the USA. This book costs 30 yuan. Pro Tip 2/3Currency Abbreviation Yuan can be abbreviated as 'CNY' when discussing international currency exchange. The current exchange rate is 0.15 USD to 1 CNY. Pro Tip 3/3Pronunciation Clarity Be careful with pronunciation; 'yuan' should not sound like 'yen', which is Japanese currency. He mispronounced 'yuan', confusing it with 'yen'.