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 100 676.12

Euro 100 690.15

Japanese yen 100 5.003

 

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Hong Kong dollar 100 86.133

British pound 100 816.28

Australian dollar 100 470.37

New Zealand dollar 100 424.87

Singapore dollar 100 490.27

Swiss franc 100 708.62

Canadian dollar 100 524.63

Malaysian ringgit 65.879 100

Ruble 903.51 100

Rand 245.56 100

Korean won 19,345 100

UAE dirham 54.327 100

Saudi riyal 55.605 100

Hungarian forint 5,748.85 100

Polish zloty 68.107 100

Danish krone 107.81 100

Swedish krona 150.44 100

Norwegian krone 143.94 100

Turkish lira 265.092 100

Mexican peso 299.57 100

Thai baht 523.07 100

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.

Originally published by XinHua