BEIJING, Oct. 24 (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 100 712.30
Euro 100 704.21
Japanese yen 100 4.8167
Hong Kong dollar 100 90.744
British pound 100 811.31
Australian dollar 100 455.43
New Zealand dollar 100 411.27
Singapore dollar 100 505.94
Swiss franc 100 716.73
Canadian dollar 100 525.16
Malaysian ringgit 66.272 100
Ruble 852.75 100
Rand 252.60 100
Korean won 19,917 100
UAE dirham 51.302 100
Saudi riyal 52.488 100
Hungarian forint 5,833.55 100
Polish zloty 68.023 100
Danish krone 105.95 100
Swedish krona 156.73 100
Norwegian krone 147.19 100
Turkish lira 260.225 100
Mexican peso 279.87 100
Thai baht 530.30 100
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.