1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 10.7867 KGS (Kyrgyzstanian Som). It is the official currency of Kyrgyzstan, a country located in central Asia and was a member of former Soviet Union. Kyrgyzstan is today the second poorest country in central Asia. The KGS (Kyrgyzstanian Som) is subdivided into 100 Tyiyn and is pegged to none. The issue of the currency is controlled and monitored by the National Bank of the Kyrgyz Republic.