BEIJING, April 17 (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 100 671.10
Euro 100 757.24
Japanese yen 100 5.9919
Hong Kong dollar 100 85.554
British pound 100 875.28
Australian dollar 100 480.88
New Zealand dollar 100 450.19
Singapore dollar 100 495.36
Swiss franc 100 665.96
Canadian dollar 100 502.36
Malaysian ringgit 61.575 100
Ruble 954.53 100
Rand 209.08 100
Korean won 16,938 100
UAE dirham 54.733 100
Saudi riyal 55.885 100
Hungarian forint 4,220.86 100
Polish zloty 56.44 100
Danish krone 98.58 100
Swedish krona 138.00 100
Norwegian krone 126.58 100
Turkish lira 86.27 100
Mexican peso 281.33 100
Thai baht 474.15 100
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.