BEIJING, Sept. 24 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 705.10 Euro 100 783.32 Japanese yen 100 4.9085 Hong Kong dollar 100 90.545 British pound 100 940.93 Australian dollar 100 481.56 New Zealand dollar 100 441.56 Singapore dollar 100 546.16 Swiss franc 100 831.97 Canadian dollar 100 521.05 Pataca 113.82 100 Malaysian ringgit 59.577 100 Ruble 1,319.04 100 Rand 246.10 100 Korean won 18,922 100 UAE dirham 52.087 100 Saudi riyal 53.208 100 Hungarian forint 5,040.76 100 Polish zloty 54.541 100 Danish krone 95.22 100 Swedish krona 144.63 100 Norwegian krone 148.75 100 Turkish lira 484.331 100 Mexican peso 275.57 100 Thai baht 467.21 100
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.