A non convertible currency is a money system that is not part of the FOREX exchange. It cannot be converted into other currency.
A currency that can be readily bought or sold without government restrictions, in order to purchase another currency. A convertible currency is a liquid instrument when compared to currencies tightly controlled by a central bank or other regulating authority.
50 million Italian lira converts to about $35,000 U.S. That said, the lira is an obsolete currency and is no longer convertible to other types of money.
France has not used francs as its currency since 2002, and they haven't been convertible to other currencies since 2005. At that time they the exchange rate was roughly US$1 = 5FF.
Generally, convertible bonds come at a lower cost to the issuer.
Renminbi Yuan (CNY)
cny- Chinese yuan
CNY (China Yuan Renminbi), ¥
The renminbi is the official currency of the People's Republic of China.It is more commonly known outside China as the Yuan. (Similar to British currency being known as Sterling and the Pound)The International currency code is CNY
The Chinese currency is the "Yuan" or "Renminbi". The official (ISO) currency code is CNY although many use RMB.
is rouble convertible
A non convertible currency is a money system that is not part of the FOREX exchange. It cannot be converted into other currency.
Chinese Yuan Renminbi (CNY) or (RMB) and Pakistani Rupees (PKR) Currency Exchange Rate is: 1 CNY or RMB = 13.7112 PKR 1 PKR = 0.0729332 CNY 9/15/2011
100.00 CNY 14.6435 USD
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.
Chinese currency is CNY - Chinese Yuan Renminbi. Not the previous answer "euro"
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