BEIJING, March 5 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.27
Euro 100 773.47
Japanese yen 100 4.7431
Hong Kong dollar 100 90.763
British pound 100 904.17
Australian dollar 100 464.17
New Zealand dollar 100 435.20
Singapore dollar 100 530.01
Swiss franc 100 804.98
Canadian dollar 100 525.32
Pataca 113.54 100
Malaysian ringgit 66.489 100
Ruble 1,278.86 100
Rand 267.51 100
Korean won 18,624 100
UAE dirham 51.58 100
Saudi riyal 52.668 100
Hungarian forint 5,131.62 100
Polish zloty 56.041 100
Danish krone 96.63 100
Swedish krona 145.48 100
Norwegian krone 148.44 100
Turkish lira 443.269 100
Mexican peso 238.70 100
Thai baht 500.45 100
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.