BEIJING, May 18 (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 100 637.63
Euro 100 751.88
Japanese yen 100 5.7517
Hong Kong dollar 100 81.228
British pound 100 861.42
Australian dollar 100 478.54
New Zealand dollar 100 438.90
Singapore dollar 100 474.82
Swiss franc 100 636.52
Canadian dollar 100 496.68
Malaysian ringgit 62.277 100
Ruble 975.83 100
Rand 197.72 100
Korean won 16,963 100
UAE dirham 57.626 100
Saudi riyal 58.842 100
Hungarian forint 4,219.19 100
Polish zloty 57.160 100
Danish krone 99.050 100
Swedish krona 137.09 100
Norwegian krone 127.51 100
Turkish lira 70.005 100
Mexican peso 310.01 100
Thai baht 503.46 100
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.)