BEIJING, Dec. 4 (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 100 710.11
Euro 100 773.82
Japanese yen 100 4.8583
Hong Kong dollar 100 90.882
British pound 100 903.75
Australian dollar 100 475.31
New Zealand dollar 100 442.11
Singapore dollar 100 533.58
Swiss franc 100 819.07
Canadian dollar 100 527.26
Malaysian ringgit 65.568 100
Ruble 1,281.25 100
Rand 262.50 100
Korean won 18,230 100
UAE dirham 51.67 100
Saudi riyal 52.782 100
Hungarian forint 4,896.69 100
Polish zloty 55.967 100
Danish krone 96.38 100
Swedish krona 145.99 100
Norwegian krone 150.00 100
Turkish lira 406.733 100
Mexican peso 242.08 100
Thai baht 488.51 100
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.