BEIJING, Jan. 16 (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 100 711.34
Euro 100 780.30
Japanese yen 100 4.8934
Hong Kong dollar 100 90.934
British pound 100 906.93
Australian dollar 100 474.53
New Zealand dollar 100 441.89
Singapore dollar 100 534.42
Swiss franc 100 833.18
Canadian dollar 100 531.13
Pataca 113.32 100
Malaysian ringgit 65.682 100
Ruble 1,229.48 100
Rand 262.26 100
Korean won 18,513 100
UAE dirham 51.542 100
Saudi riyal 52.628 100
Hungarian forint 4,865.92 100
Polish zloty 56.135 100
Danish krone 95.76 100
Swedish krona 144.89 100
Norwegian krone 145.32 100
Turkish lira 422.228 100
Mexican peso 237.64 100
Thai baht 489.85 100
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.