BEIJING, Feb. 20 (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 100 686.43
Euro 100 733.30
Japanese yen 100 5.1102
Hong Kong dollar 100 87.535
British pound 100 825.69
Australian dollar 100 471.47
New Zealand dollar 100 427.94
Singapore dollar 100 513.49
Swiss franc 100 742.28
Canadian dollar 100 509.05
Malaysian ringgit 64.499 100
Ruble 1,075.97 100
Rand 263.02 100
Korean won 18,903 100
UAE dirham 53.51 100
Saudi riyal 54.636 100
Hungarian forint 5,236.17 100
Polish zloty 64.93 100
Danish krone 101.55 100
Swedish krona 152.38 100
Norwegian krone 150.03 100
Turkish lira 274.525 100
Mexican peso 267.64 100
Thai baht 501.91 100
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.