BEIJING, Dec. 15 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 709.57
Euro 100 779.88
Japanese yen 100 4.9897
Hong Kong dollar 100 90.898
British pound 100 905.42
Australian dollar 100 475.19
New Zealand dollar 100 440.44
Singapore dollar 100 534.17
Swiss franc 100 817.85
Canadian dollar 100 528.97
Malaysian ringgit 65.787 100
Ruble 1,262.57 100
Rand 258.47 100
Korean won 18,202 100
UAE dirham 51.807 100
Saudi riyal 52.916 100
Hungarian forint 4,873.63 100
Polish zloty 55.39 100
Danish krone 95.75 100
Swedish krona 144.44 100
Norwegian krone 148.14 100
Turkish lira 408.533 100
Mexican peso 242.52 100
Thai baht 491.53 100
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 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.