BEIJING, Nov. 18 (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 100 710.91
Euro 100 736.26
Japanese yen 100 5.064
Hong Kong dollar 100 90.823
British pound 100 843.69
Australian dollar 100 475.56
New Zealand dollar 100 436.16
Singapore dollar 100 517.30
Swiss franc 100 746.54
Canadian dollar 100 533.69
Malaysian ringgit 64.188 100
Ruble 842.92 100
Rand 244.29 100
Korean won 18,825 100
UAE dirham 51.732 100
Saudi riyal 52.939 100
Hungarian forint 5,597.03 100
Polish zloty 64.053 100
Danish krone 101.09 100
Swedish krona 149.13 100
Norwegian krone 142.47 100
Turkish lira 262.065 100
Mexican peso 273.31 100
Thai baht 503.45 100
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.