BEIJING, July 31 (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 100 713.05
Euro 100 788.36
Japanese yen 100 5.0802
Hong Kong dollar 100 91.437
British pound 100 919.55
Australian dollar 100 476.40
New Zealand dollar 100 440.52
Singapore dollar 100 537.36
Swiss franc 100 822.28
Canadian dollar 100 540.08
Malaysian ringgit 63.696 100
Ruble 1,284.55 100
Rand 246.63 100
Korean won 17,838 100
UAE dirham 51.386 100
Saudi riyal 52.429 100
Hungarian forint 4,873.60 100
Polish zloty 55.948 100
Danish krone 94.47 100
Swedish krona 147.24 100
Norwegian krone 142.44 100
Turkish lira 376.295 100
Mexican peso 233.20 100
Thai baht 478.90 100
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.