BEIJING, Jan. 5 (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 100 689.26
Euro 100 731.60
Japanese yen 100 5.2136
Hong Kong dollar 100 88.172
British pound 100 831.23
Australian dollar 100 471.01
New Zealand dollar 100 433.63
Singapore dollar 100 514.10
Swiss franc 100 741.70
Canadian dollar 100 511.45
Malaysian ringgit 63.868 100
Ruble 1,040.79 100
Rand 244.90 100
Korean won 18,433 100
UAE dirham 53.303 100
Saudi riyal 54.559 100
Hungarian forint 5,414.16 100
Polish zloty 63.865 100
Danish krone 101.72 100
Swedish krona 152.44 100
Norwegian krone 146.34 100
Turkish lira 272.069 100
Mexican peso 281.41 100
Thai baht 491.87 100
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.