1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 14.6173 LRD (Liberian Dollar). It is the official currency of the Republic of Liberia. Liberia is situated on the West African coast. Liberia means "Land of the Free" in Latin. The Liberian Dollar is denoted by the $ symbol and as L$. 1 LRD is sub-divided into 100 Cents. The Central Bank of Liberia takes care of the issue and governing of the currency of Liberia. The Liberian Dollar is pegged to none.