1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 5.5905 BEF (Belgian Franc). It was the official currency of Belgium until 2002. It was divided into three categories: 100 Dutch centiem, 100 French centimes, and 100 German centimes. It is denoted by the symbol fr. In 1999 the Belgian Franc was pegged to the Euro at 1 Euro = 40.3399 Belgian Francs.