1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 0.1095 FKP (Falkland Islands Pound). It is the official currency of the Falkland Islands, which is a country as part of the British Territory and is located in the South Atlantic. The currency is denoted by the symbol FK£. The FKP is pegged to the Sterling at par. The Government of the Falkland Islands issues and controls the currency of the country. The Falkland Islands Pounds is divided as 1 FK£ = 100 Pennies.