Wed, 06 Jul 2022

Market exchange rates in China -- May 16

Xinhua
16 May 2022, 13:05 GMT+10

BEIJING, May 16 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 678.71

Euro 100 706.03

Japanese yen 100 5.2444

Hong Kong dollar 100 86.461

British pound 100 831.79

Australian dollar 100 471.37

New Zealand dollar 100 426.37

Singapore dollar 100 487.21

Swiss franc 100 676.79

Canadian dollar 100 525.74

Malaysian ringgit 64.757 100

Ruble 951.59 100

Rand 238.16 100

Korean won 18,845 100

UAE dirham 54.109 100

Saudi riyal 55.259 100

Hungarian forint 5,458.96 100

Polish zloty 66.26 100

Danish krone 105.37 100

Swedish krona 148.39 100

Norwegian krone 144.04 100

Turkish lira 228.093 100

Mexican peso 296.03 100

Thai baht 511.77 100

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.

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