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1 Yuan enhanced security

Issuer People's Bank of China
Year 2019
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Currency Second Rénmínbì (1955-date)
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Reverse description The reverse carries a vignette of the Three Pools Mirroring the Moon (三潭印月), the celebrated scenic spot on West Lake in Hangzhou, Zhejiang Province, with lantern-topped stone pagodas reflected in the water. The composition is framed by fine guilloche patterns and denomination numerals.
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Protection description Orchid flower watermark
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Comments

The 2019 1 Yuan note is something of an oddity in the current RMB series — paper composition persists here while higher denominations moved to polymer, a deliberate policy choice reflecting the note's high-volume, low-value circulation environment where polymer's cost premium isn't justified. The "enhanced security" designation distinguishes it from the earlier 1999 and 2004 issues of the same denomination, though the upgrades over its predecessors are modest by international standards.

Pick 912 fills a gap left when the 1 Jiao notes declined in practical use.