BEIJING, May 8 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 691.58
Euro 100 762.17
Japanese yen 100 5.1163
Hong Kong dollar 100 88.118
British pound 100 873.45
Australian dollar 100 466.94
New Zealand dollar 100 435.80
Singapore dollar 100 521.68
Swiss franc 100 776.33
Canadian dollar 100 517.13
Malaysian ringgit 64.155 100
Ruble 1,125.36 100
Rand 266.38 100
Korean won 19,121 100
UAE dirham 53.099 100
Saudi riyal 54.229 100
Hungarian forint 4,876.33 100
Polish zloty 59.998 100
Danish krone 97.74 100
Swedish krona 147.08 100
Norwegian krone 152.78 100
Turkish lira 282.067 100
Mexican peso 256.81 100
Thai baht 489.77 100
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.