BEIJING, Dec. 29 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 637.35
Euro 100 721.00
Japanese yen 100 5.5541
Hong Kong dollar 100 81.734
British pound 100 856.09
Australian dollar 100 460.86
New Zealand dollar 100 433.76
Singapore dollar 100 470.60
Swiss franc 100 694.92
Canadian dollar 100 497.31
Malaysian ringgit 65.591 100
Ruble 1,156.70 100
Rand 246.98 100
Korean won 18,637 100
UAE dirham 57.626 100
Saudi riyal 58.923 100
Hungarian forint 5,122.59 100
Polish zloty 63.774 100
Danish krone 103.11 100
Swedish krona 141.96 100
Norwegian krone 138.06 100
Turkish lira 186.245 100
Mexican peso 324.16 100
Thai baht 525.89 100
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.
