BEIJING, May 27 (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 100 710.91
Euro 100 774.02
Japanese yen 100 4.5595
Hong Kong dollar 100 90.981
British pound 100 908.51
Australian dollar 100 473.52
New Zealand dollar 100 438.28
Singapore dollar 100 528.28
Swiss franc 100 780.36
Canadian dollar 100 522.27
Pataca 113.27 100
Malaysian ringgit 66.256 100
Ruble 1,249.42 100
Rand 258.37 100
Korean won 19,054 100
UAE dirham 51.516 100
Saudi riyal 52.605 100
Hungarian forint 4,982.70 100
Polish zloty 55.169 100
Danish krone 96.73 100
Swedish krona 149.38 100
Norwegian krone 148.72 100
Turkish lira 451.551 100
Mexican peso 234.59 100
Thai baht 511.35 100
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.