BEIJING, Jan. 31 (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 100 676.04
Euro 100 733.54
Japanese yen 100 5.184
Hong Kong dollar 100 86.267
British pound 100 834.83
Australian dollar 100 476.96
New Zealand dollar 100 437.29
Singapore dollar 100 514.35
Swiss franc 100 730.45
Canadian dollar 100 504.96
Malaysian ringgit 62.751 100
Ruble 1,036.22 100
Rand 257.17 100
Korean won 18,203 100
UAE dirham 54.329 100
Saudi riyal 55.529 100
Hungarian forint 5,316.69 100
Polish zloty 64.22 100
Danish krone 101.43 100
Swedish krona 153.81 100
Norwegian krone 147.64 100
Turkish lira 278.125 100
Mexican peso 277.65 100
Thai baht 484.89 100
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.