Market exchange rates in China -- May 11

    Source: Xinhua| 2018-05-11 09:37:15|Editor: Liangyu
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    BEIJING, May 11 (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 100 635.24

    Euro 100 756.85

    Japanese yen 100 5.8020

    Hong Kong dollar 100 80.925

    British pound 100 858.47

    Australian dollar 100 478.01

    New Zealand dollar 100 442.33

    Singapore dollar 100 474.61

    Swiss franc 100 633.11

    Canadian dollar 100 497.37

    Malaysian ringgit 62.202 100

    Ruble 971.83 100

    Rand 193.80 100

    Korean won 16,850 100

    UAE dirham 57.847 100

    Saudi riyal 59.063 100

    Hungarian forint 4,152.61 100

    Polish zloty 56.193 100

    Danish krone 98.47 100

    Swedish krona 136.17 100

    Norwegian krone 125.98 100

    Turkish lira 66.733 100

    Mexican peso 303.13 100

    Thai baht 503.53 100

    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.)

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