BEIJING, July 17 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 713.26
Euro 100 801.50
Japanese yen 100 5.1467
Hong Kong dollar 100 91.273
British pound 100 934.54
Australian dollar 100 487.95
New Zealand dollar 100 454.33
Singapore dollar 100 540.14
Swiss franc 100 828.22
Canadian dollar 100 539.70
Malaysian ringgit 63.432 100
Ruble 1,263.48 100
Rand 253.70 100
Korean won 17,751 100
UAE dirham 51.453 100
Saudi riyal 52.551 100
Hungarian forint 4,667.26 100
Polish zloty 55.602 100
Danish krone 92.94 100
Swedish krona 143.46 100
Norwegian krone 140.68 100
Turkish lira 367.023 100
Mexican peso 234.61 100
Thai baht 485.59 100
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.