BEIJING, Feb. 7 (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 100 635.80
Euro 100 724.71
Japanese yen 100 5.4921
Hong Kong dollar 100 81.624
British pound 100 856.26
Australian dollar 100 447.67
New Zealand dollar 100 418.23
Singapore dollar 100 470.68
Swiss franc 100 684.13
Canadian dollar 100 496.29
Malaysian ringgit 66.133 100
Ruble 1,195.02 100
Rand 244.19 100
Korean won 18,897 100
UAE dirham 58.067 100
Saudi riyal 59.309 100
Hungarian forint 4,888.57 100
Polish zloty 62.985 100
Danish krone 102.67 100
Swedish krona 144.54 100
Norwegian krone 138.86 100
Turkish lira 214.46 100
Mexican peso 327.11 100
Thai baht 520.38 100
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.
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