BEIJING, Feb. 16 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 634.63

Euro 100 720.74

Japanese yen 100 5.4885

Hong Kong dollar 100 81.338

British pound 100 859.35

Australian dollar 100 453.73

New Zealand dollar 100 421.36

Singapore dollar 100 471.85

Swiss franc 100 685.79

Canadian dollar 100 498.98

Malaysian ringgit 65.962 100

Ruble 1,189.49 100

Rand 237.98 100

Korean won 18,875 100

UAE dirham 57.873 100

Saudi riyal 59.127 100

Hungarian forint 4,907.38 100

Polish zloty 62.407 100

Danish krone 103.27 100

Swedish krona 146.37 100

Norwegian krone 140.36 100

Turkish lira 214.37 100

Mexican peso 321.40 100

Thai baht 509.95 100

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.