BEIJING, Dec. 31 (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 100 637.57
Euro 100 721.97
Japanese yen 100 5.5415
Hong Kong dollar 100 81.76
British pound 100 860.64
Australian dollar 100 462.20
New Zealand dollar 100 435.53
Singapore dollar 100 471.79
Swiss franc 100 697.76
Canadian dollar 100 500.46
Malaysian ringgit 65.503 100
Ruble 1,170.04 100
Rand 249.78 100
Korean won 18,656 100
UAE dirham 57.602 100
Saudi riyal 58.884 100
Hungarian forint 5,109.10 100
Polish zloty 63.624 100
Danish krone 102.98 100
Swedish krona 141.84 100
Norwegian krone 138.23 100
Turkish lira 207.365 100
Mexican peso 320.90 100
Thai baht 523.08 100
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.
