BEIJING, Dec. 25 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.10
Euro 100 782.38
Japanese yen 100 4.9926
Hong Kong dollar 100 90.847
British pound 100 903.44
Australian dollar 100 482.75
New Zealand dollar 100 447.75
Singapore dollar 100 536.34
Swiss franc 100 829.34
Canadian dollar 100 535.54
Malaysian ringgit 65.284 100
Ruble 1,294.59 100
Rand 260.15 100
Korean won 18,271 100
UAE dirham 51.722 100
Saudi riyal 52.823 100
Hungarian forint 4,876.39 100
Polish zloty 55.442 100
Danish krone 95.41 100
Swedish krona 141.11 100
Norwegian krone 143.31 100
Turkish lira 411.323 100
Mexican peso 239.58 100
Thai baht 486.75 100
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.