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 current exchange rates, 10 USD is approximately equal to 64 Chinese yuan.
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
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
100-1000 USD
China's official currency is the Renminbi (literally "People's Money) and is internationally traded as the Yuan. There are 2 sub group to the Yuan. The Jiao and the Fen. 1 Yuan = 10 Jiao 1 Jiao = 10 Fen Therefore 1 Yuan = 100 Fen The Renminbi (RNB) is tied to the USD: 1 USD = 8.08 RMB. 5 (WU)JIAO the 1/2 equivalent in USD terms:~50¢US And you will see than the (Wu) 5 Jiao is existing under the form of a banknote or a coin. JCK