BEIJING, Jan. 4 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 709.97
Euro 100 777.62
Japanese yen 100 4.9788
Hong Kong dollar 100 90.946
British pound 100 902.16
Australian dollar 100 479.59
New Zealand dollar 100 445.36
Singapore dollar 100 535.69
Swiss franc 100 838.55
Canadian dollar 100 533.57
Malaysian ringgit 65.197 100
Ruble 1,287.37 100
Rand 262.86 100
Korean won 18,328 100
UAE dirham 51.605 100
Saudi riyal 52.698 100
Hungarian forint 4,895.66 100
Polish zloty 56.04 100
Danish krone 96.00 100
Swedish krona 144.44 100
Norwegian krone 145.33 100
Turkish lira 418.481 100
Mexican peso 239.42 100
Thai baht 482.73 100
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.