BEIJING, May 4 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 690.54
Euro 100 764.58
Japanese yen 100 5.1335
Hong Kong dollar 100 87.977
British pound 100 868.10
Australian dollar 100 458.88
New Zealand dollar 100 428.93
Singapore dollar 100 519.36
Swiss franc 100 782.01
Canadian dollar 100 506.72
Malaysian ringgit 64.547 100
Ruble 1,151.08 100
Rand 265.03 100
Korean won 19,302 100
UAE dirham 53.187 100
Saudi riyal 54.312 100
Hungarian forint 4,909.35 100
Polish zloty 60.046 100
Danish krone 97.46 100
Swedish krona 148.48 100
Norwegian krone 155.80 100
Turkish lira 282.184 100
Mexican peso 260.41 100
Thai baht 490.41 100
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.