BEIJING, Oct. 31 (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 100 717.68
Euro 100 717.03
Japanese yen 100 4.875
Hong Kong dollar 100 91.431
British pound 100 835.71
Australian dollar 100 461.47
New Zealand dollar 100 418.41
Singapore dollar 100 510.22
Swiss franc 100 723.27
Canadian dollar 100 529.75
Malaysian ringgit 65.712 100
Ruble 848.49 100
Rand 251.93 100
Korean won 19,684 100
UAE dirham 51.02 100
Saudi riyal 52.197 100
Hungarian forint 5,751.28 100
Polish zloty 65.931 100
Danish krone 103.97 100
Swedish krona 152.28 100
Norwegian krone 143.50 100
Turkish lira 258.159 100
Mexican peso 275.76 100
Thai baht 525.61 100
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.