BEIJING, Jan. 3 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.02
Euro 100 778.02
Japanese yen 100 5.008
Hong Kong dollar 100 90.864
British pound 100 897.94
Australian dollar 100 481.74
New Zealand dollar 100 445.61
Singapore dollar 100 536.21
Swiss franc 100 837.12
Canadian dollar 100 534.27
Malaysian ringgit 64.941 100
Ruble 1,273.68 100
Rand 261.09 100
Korean won 18,334 100
UAE dirham 51.665 100
Saudi riyal 52.755 100
Hungarian forint 4,914.31 100
Polish zloty 56.247 100
Danish krone 95.90 100
Swedish krona 143.45 100
Norwegian krone 145.47 100
Turkish lira 418.546 100
Mexican peso 240.07 100
Thai baht 480.36 100
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.