BEIJING, Jan. 17 (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 100 711.68
Euro 100 777.29
Japanese yen 100 4.8635
Hong Kong dollar 100 90.954
British pound 100 903.63
Australian dollar 100 471.46
New Zealand dollar 100 439.78
Singapore dollar 100 532.20
Swiss franc 100 830.12
Canadian dollar 100 530.23
Pataca 113.30 100
Malaysian ringgit 65.928 100
Ruble 1,233.26 100
Rand 265.62 100
Korean won 18,630 100
UAE dirham 51.413 100
Saudi riyal 52.501 100
Hungarian forint 4,893.32 100
Polish zloty 56.633 100
Danish krone 96.07 100
Swedish krona 145.97 100
Norwegian krone 146.42 100
Turkish lira 421.712 100
Mexican peso 241.63 100
Thai baht 494.43 100
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.