BEIJING, Dec. 5 (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 100 703.84
Euro 100 741.91
Japanese yen 100 5.232
Hong Kong dollar 100 90.453
British pound 100 864.81
Australian dollar 100 478.88
New Zealand dollar 100 450.31
Singapore dollar 100 520.60
Swiss franc 100 750.73
Canadian dollar 100 522.86
Malaysian ringgit 62.312 100
Ruble 876.91 100
Rand 246.36 100
Korean won 18,473 100
UAE dirham 52.175 100
Saudi riyal 53.395 100
Hungarian forint 5,516.48 100
Polish zloty 63.005 100
Danish krone 100.25 100
Swedish krona 146.65 100
Norwegian krone 138.67 100
Turkish lira 264.692 100
Mexican peso 275.34 100
Thai baht 493.09 100
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.