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In english, the money sign goes on the left.
1 yi jiao in english money
The English word money comes from the Middle English term moneie. The word originally came from the Latin moneta which meant a mint for coins.
If you are referring to the often quoted English phrase "A fool and his money are soon parted" it was coined by an English farmer/poet named Thomas Tusser who lived from 1524 to 1580.