BEIJING, Jan. 2 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 707.70
Euro 100 782.18
Japanese yen 100 5.0274
Hong Kong dollar 100 90.564
British pound 100 902.26
Australian dollar 100 482.77
New Zealand dollar 100 447.84
Singapore dollar 100 537.00
Swiss franc 100 841.94
Canadian dollar 100 535.20
Malaysian ringgit 64.812 100
Ruble 1,260.60 100
Rand 258.32 100
Korean won 18,207 100
UAE dirham 51.827 100
Saudi riyal 52.923 100
Hungarian forint 4,896.92 100
Polish zloty 55.57 100
Danish krone 95.33 100
Swedish krona 142.10 100
Norwegian krone 143.53 100
Turkish lira 416.662 100
Mexican peso 239.40 100
Thai baht 483.68 100
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.