What is the exchange rate from zhongguo renmin yinhang to us dollars

The current value of 1.00 Chinese Yuan Renminbi (CNY) is 0.161193 U.S. Dollars (USD).

You can convert CYN to USD using a currency converter with live foreign exchange rates here.

A bit of trivia, Chinese currency is Renminbi which is abbreviated as RMB. The People's Republic of China officially first issued the Renminbi in December 1948. The basic unit is commonly known as the New Yuan or Renminbi Yuan, Yuan literally means "round" in Chinese.

In currency buzz, according to a new study from the Institute of International Finance (IIF), China's yuan is a growing force in global finance, more than doubling in use over the past year. Although its use in the international payments system remains dwarfed by the dollar and euro, the yuan, officially known as the renminbi, grew to 1.4 per cent of total transactions. Read more here.

Updated on Thursday, July 17 2014 at 11:36AM EDT
Source: www.xe.com/...
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