BEIJING, Nov. 11 (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 100 719.07
Euro 100 732.80
Japanese yen 100 5.0734
Hong Kong dollar 100 91.698
British pound 100 841.34
Australian dollar 100 474.78
New Zealand dollar 100 432.02
Singapore dollar 100 519.22
Swiss franc 100 744.89
Canadian dollar 100 539.12
Malaysian ringgit 65.266 100
Ruble 846.93 100
Rand 242.04 100
Korean won 18,796 100
UAE dirham 51.153 100
Saudi riyal 52.361 100
Hungarian forint 5,491.68 100
Polish zloty 64.106 100
Danish krone 101.66 100
Swedish krona 147.67 100
Norwegian krone 140.60 100
Turkish lira 257.814 100
Mexican peso 269.50 100
Thai baht 504.51 100
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.