BEIJING, May 10 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 692.99
Euro 100 760.04
Japanese yen 100 5.1241
Hong Kong dollar 100 88.41
British pound 100 875.01
Australian dollar 100 468.82
New Zealand dollar 100 439.23
Singapore dollar 100 522.24
Swiss franc 100 778.65
Canadian dollar 100 518.00
Malaysian ringgit 64.198 100
Ruble 1,124.18 100
Rand 268.80 100
Korean won 19,122 100
UAE dirham 52.991 100
Saudi riyal 54.12 100
Hungarian forint 4,885.49 100
Polish zloty 59.908 100
Danish krone 97.95 100
Swedish krona 147.07 100
Norwegian krone 152.46 100
Turkish lira 281.726 100
Mexican peso 256.26 100
Thai baht 486.16 100
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.