BEIJING, May 26 (Xinhua) – The following are the key parity rates for the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by China’s currency trading system:
Currency unit Central parity rate in yuan
US $ 100,640.99
Euro 100 785.17
Japanese yen 100 5,892
Hong Kong Dollar 100 82.575
British Pounds 100,906.74
Australian Dollar 100496.88
New Zealand Dollar 100 463.17
Singapore dollar 100 483.71
Swiss franc 100715.84
Canadian dollar 100 531.3
Malaysian ringgit 64,628 100
Rubel 1146.53 100
Rand 216.29 100
Korean won 17,506,100
UAE dirham 57,301 100
Saudi Arabia 58,504 100
Hungarian forint 4441.39 100
Polish Zloty 57,081 100
Danish kroner 94.7 100
Swedish krona 128.8 100
Norwegian krone 129.59 100
Turkish lira 131,877 100
Mexican peso 310.51 100
Thai baht 489.05 100
The central parity rate of the yuan against the US dollar is based on a weighted average of market prices offered by market makers before the opening of the interbank market each working day.
The yuan’s central parity rate against the Hong Kong dollar is based on the yuan’s central parity rate against the US dollar and the exchange rate of the Hong Kong dollar against the US dollar at 9 am on 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 marketers before the opening of the interbank foreign exchange market.
Source: sn.dk