BEIJING, Nov. 21 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 719.34 Euro 100 761.78 Japanese yen 100 4.6638 Hong Kong dollar 100 92.425 British pound 100 914.14 Australian dollar 100 470.67 New Zealand dollar 100 425.07 Singapore dollar 100 538.06 Swiss franc 100 817.39 Canadian dollar 100 517.70 Pataca 111.51 100 Malaysian ringgit 61.807 100 Ruble 1,387.34 100 Rand 250.89 100 Korean won 19,339 100 UAE dirham 50.798 100 Saudi riyal 51.922 100 Hungarian forint 5,372.26 100 Polish zloty 56.848 100 Danish krone 97.88 100 Swedish krona 152.56 100 Norwegian krone 152.97 100 Turkish lira 476.659 100 Mexican peso 280.72 100 Thai baht 478.72 100 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.