I'd never heard of the currency - HOWEVER - the currency website 'Xe' quotes 1142 USD as being worth 7013.71 CNY. CNY is the code for the Renminbi. See related link to get an up to date conversion.
Rmb is the abbreviation for "renminbi," which means "the people's money." Kinda like USD for US dollars or GBP for British pounds.
According to the currency exchange rates for November 19, 2009:1 US Dollar (USD) = 6.83 China Yuan Renminbi (CNY)
The company that is identified with CNY in the Stock Market is Market Vectors Chinese Renminbi/USD ETN. The Market cap is 44,633,858 according to Nasdaq.
As of 03/29/2014: 1 USD = 6.21 CNY 10 USD = 62.12 CNY 100 USD = 621.22 CNY 1,000 USD = 6212.20 CNY
To convert 100 Chinese Renminbi (RMB) to US dollars (USD), you would need the current exchange rate. As of my last update, the exchange rate fluctuated around 6.4 to 7.0 RMB per USD. Therefore, 100 RMB would be approximately 14 to 15.60 USD, depending on the current rate. For the most accurate conversion, please check a reliable financial news source or currency converter.
100 RMB = $14.64 USD
The PPP conversion rate for China is 3.69 Yuan Renminbi (CNY) for 1 US dollar (IMF calculations, 2008 data, estimates). The real exchange rate (as of 2009-04-03) is 6.83 Yuan Renminbi for 1 US dollar. The GDP per capita (USD) at PPP is 5945 USD/capita/year.
1 CNY = 4.5 NTD 1 USD = 28.5 NTD ntd refers to new Taiwan dollar
The value of the Chinese yuan (CNY), or renminbi, against the US dollar (USD) fluctuates based on market conditions. As of my last update in October 2023, the exchange rate was roughly around 7 CNY to 1 USD, but this can change frequently due to economic factors. For the most accurate and current exchange rate, it's best to check a financial news source or currency converter.
9.7 Chinese Yuan equals 1.41 US Dollars
According to World Salaries, as of 2004, a working Chinese person earned on average 669 $ USD(2005) a month, or about $8,028 USD a year. To give perspective, in 2005, the average American earned $ 2,313 USD a month or $ 27,744 USD a year. These are only official estimates. This does not count Chinese people working in other countries, people who do not work. This does not discount non-Chinese people working in China.
Let's start with Currency Codes:Chinese Renminbi Yuan (CNY)United States Dollars (USD)Using http://currate.com (for today's rate of 6/26/09) currency converter tool, we get the answer:1750 CNY -> 255.93 USD