Convert Liberian Dollar to Chinese Yuan
Please provide values below to convert Liberian Dollar [LRD] to Chinese Yuan [CNY], or Convert Chinese Yuan to Liberian Dollar.
How to Convert Liberian Dollar to Chinese Yuan
1 LRD = 27.9462774780803 CNY
Example: convert 15 LRD to CNY:
15 LRD = 15 × 27.9462774780803 CNY = 419.194162171204 CNY
Liberian Dollar to Chinese Yuan Conversion Table
| Liberian Dollar | Chinese Yuan |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).