1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 0.6005 GHS (Ghanaian New Cedi). Ghanaian New Cedi is the official currency of Ghana, Africa. The new currency was bought into use in the year 2007 whose value is equal to 10,000 old Ghanian Cedi (GHC). It is the highest-valued currency unit issued by sovereign countries in Africa in 2007.