BEIJING, Dec. 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 718.80
Euro 100 758.30
Japanese yen 100 4.7185
Hong Kong dollar 100 92.518
British pound 100 918.54
Australian dollar 100 458.56
New Zealand dollar 100 417.31
Singapore dollar 100 535.63
Swiss franc 100 808.70
Canadian dollar 100 505.59
Pataca 111.38 100
Malaysian ringgit 61.678 100
Ruble 1,435.27 100
Rand 250.69 100
Korean won 19,818 100
UAE dirham 50.802 100
Saudi riyal 51.956 100
Hungarian forint 5,398.70 100
Polish zloty 56.30 100
Danish krone 98.44 100
Swedish krona 151.57 100
Norwegian krone 154.87 100
Turkish lira 483.876 100
Mexican peso 279.58 100
Thai baht 471.75 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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.