BEIJING, Jan. 8 (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 100 647.08
Euro 100 793.74
Japanese yen 100 6.2331
Hong Kong dollar 100 83.457
British pound 100 877.64
Australian dollar 100 502.70
New Zealand dollar 100 469.98
Singapore dollar 100 488.49
Swiss franc 100 731.00
Canadian dollar 100 510.12
Malaysian ringgit 62.39 100
Ruble 1,150.61 100
Rand 238.49 100
Korean won 16,875 100
UAE dirham 56.766 100
Saudi riyal 57.977 100
Hungarian forint 4,527.33 100
Polish zloty 56.895 100
Danish krone 93.70 100
Swedish krona 126.56 100
Norwegian krone 130.30 100
Turkish lira 113.349 100
Mexican peso 309.44 100
Thai baht 464.37 100
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.