BEIJING, Dec. 11 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan U.S. dollar 100 718.43 Euro 100 760.04 Japanese yen 100 4.7625 Hong Kong dollar 100 92.392 British pound 100 922.20 Australian dollar 100 460.93 New Zealand dollar 100 419.78 Singapore dollar 100 538.02 Swiss franc 100 817.24 Canadian dollar 100 509.63 Pataca 111.54 100 Malaysian ringgit 61.374 100 Ruble 1,421.83 100 Rand 246.97 100 Korean won 19,807 100 UAE dirham 50.864 100 Saudi riyal 52.036 100 Hungarian forint 5,397.64 100 Polish zloty 56.024 100 Danish krone 98.15 100 Swedish krona 151.82 100 Norwegian krone 154.34 100 Turkish lira 482.588 100 Mexican peso 279.68 100 Thai baht 466.34 100 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.