1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 0.4636 LTL (Lithuanian Litas). It is the official currency of Lithuania. Lithuania is a European nation and is one of the EuropeĆ¢s Baltic states, and a former Soviet Union member. The Lithuanian Litas is denoted by the symbol Lt. From 1994 to 2002, the Litas was pegged to the US Dollar at a rate of 1 USD = 4 LTL, and later the Litas was pegged to the Euro at a rate of 1 USD = 3.4528 LTL. It is denoted by the symbol Lt. 1 LTL is subdivided into 100 Centas. Lithuanian Lita is issued and governed by the Bank of Lithuania.