1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 1.907 ATS (Austrian Schilling). It was the currency earlier used in Austria from 1924 to 1938 and from 1954 to 2002. In 1999, the Euro replaced the Schilling, with 1 Euro = 13.7603 Schillings. The economy of Austria is rated 12th in the world by GDP.