BEIJING, Nov. 14 (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 100 708.99
Euro 100 732.64
Japanese yen 100 5.0853
Hong Kong dollar 100 90.449
British pound 100 836.60
Australian dollar 100 474.37
New Zealand dollar 100 432.73
Singapore dollar 100 515.97
Swiss franc 100 751.52
Canadian dollar 100 534.27
Malaysian ringgit 65.184 100
Ruble 856.27 100
Rand 243.99 100
Korean won 18,559 100
UAE dirham 51.799 100
Saudi riyal 53.02 100
Hungarian forint 5,529.87 100
Polish zloty 63.903 100
Danish krone 101.59 100
Swedish krona 146.68 100
Norwegian krone 140.07 100
Turkish lira 261.661 100
Mexican peso 275.59 100
Thai baht 507.35 100
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.