BEIJING, June 17 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 711.49
Euro 100 765.55
Japanese yen 100 4.5502
Hong Kong dollar 100 91.087
British pound 100 907.58
Australian dollar 100 474.05
New Zealand dollar 100 440.47
Singapore dollar 100 528.05
Swiss franc 100 801.63
Canadian dollar 100 521.32
Pataca 113.08 100
Malaysian ringgit 66.28 100
Ruble 1,247.45 100
Rand 257.31 100
Korean won 19,209 100
UAE dirham 51.372 100
Saudi riyal 52.468 100
Hungarian forint 5,221.64 100
Polish zloty 57.394 100
Danish krone 97.77 100
Swedish krona 147.03 100
Norwegian krone 149.44 100
Turkish lira 458.138 100
Mexican peso 259.95 100
Thai baht 510.42 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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.