BEIJING, May 24 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 638.16
Euro 100 747.17
Japanese yen 100 5.8050
Hong Kong dollar 100 81.316
British pound 100 853.17
Australian dollar 100 482.85
New Zealand dollar 100 441.91
Singapore dollar 100 475.38
Swiss franc 100 641.77
Canadian dollar 100 497.22
Malaysian ringgit 62.408 100
Ruble 960.63 100
Rand 195.22 100
Korean won 16,917 100
UAE dirham 57.570 100
Saudi riyal 58.785 100
Hungarian forint 4,260.84 100
Polish zloty 57.608 100
Danish krone 99.72 100
Swedish krona 137.12 100
Norwegian krone 126.69 100
Turkish lira 71.663 100
Mexican peso 307.91 100
Thai baht 502.77 100
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.
(This article is generated by Xinhua News Robot.)