BEIJING, Jan. 6 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 689.12
Euro 100 725.35
Japanese yen 100 5.1665
Hong Kong dollar 100 88.186
British pound 100 820.71
Australian dollar 100 466.00
New Zealand dollar 100 429.60
Singapore dollar 100 512.36
Swiss franc 100 736.15
Canadian dollar 100 507.99
Malaysian ringgit 63.785 100
Ruble 1,049.56 100
Rand 249.08 100
Korean won 18,460 100
UAE dirham 53.321 100
Saudi riyal 54.56 100
Hungarian forint 5,470.35 100
Polish zloty 64.59 100
Danish krone 102.58 100
Swedish krona 155.04 100
Norwegian krone 148.77 100
Turkish lira 272.517 100
Mexican peso 280.46 100
Thai baht 494.02 100
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.