BEIJING, Dec. 10 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 718.96 Euro 100 762.16 Japanese yen 100 4.7852 Hong Kong dollar 100 92.508 British pound 100 920.59 Australian dollar 100 465.53 New Zealand dollar 100 424.46 Singapore dollar 100 538.65 Swiss franc 100 821.00 Canadian dollar 100 510.25 Pataca 111.40 100 Malaysian ringgit 61.327 100 Ruble 1,375.42 100 Rand 246.51 100 Korean won 19,734 100 UAE dirham 50.825 100 Saudi riyal 51.984 100 Hungarian forint 5,401.85 100 Polish zloty 55.84 100 Danish krone 97.90 100 Swedish krona 151.02 100 Norwegian krone 153.95 100 Turkish lira 481.564 100 Mexican peso 280.70 100 Thai baht 466.62 100 The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.
The central parity rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong dollar at 9 a.m. in international foreign exchange markets on the same business day.
The central parity rates of the yuan against the other 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.