BEIJING, March 31 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 687.17
Euro 100 749.45
Japanese yen 100 5.1693
Hong Kong dollar 100 87.541
British pound 100 851.27
Australian dollar 100 461.31
New Zealand dollar 100 430.69
Singapore dollar 100 517.60
Swiss franc 100 752.37
Canadian dollar 100 508.24
Malaysian ringgit 64.262 100
Ruble 1,124.62 100
Rand 259.36 100
Korean won 18,884 100
UAE dirham 53.443 100
Saudi riyal 54.622 100
Hungarian forint 5,068.48 100
Polish zloty 62.369 100
Danish krone 99.39 100
Swedish krona 150.71 100
Norwegian krone 151.23 100
Turkish lira 279.042 100
Mexican peso 263.31 100
Thai baht 496.86 100
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.