BEIJING, Nov. 15 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 704.21
Euro 100 727.09
Japanese yen 100 5.0247
Hong Kong dollar 100 89.861
British pound 100 827.75
Australian dollar 100 471.63
New Zealand dollar 100 429.12
Singapore dollar 100 512.99
Swiss franc 100 746.45
Canadian dollar 100 528.83
Malaysian ringgit 65.246 100
Ruble 865.65 100
Rand 245.62 100
Korean won 18,809 100
UAE dirham 52.156 100
Saudi riyal 53.373 100
Hungarian forint 5,631.30 100
Polish zloty 64.818 100
Danish krone 102.34 100
Swedish krona 149.01 100
Norwegian krone 142.57 100
Turkish lira 263.927 100
Mexican peso 274.88 100
Thai baht 507.04 100
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.