Market exchange rates in China -- May 25

Xinhua
25 May 2023, 12:18 GMT+10

BEIJING, May 25 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 705.29

Euro 100 758.43

Japanese yen 100 5.0614

Hong Kong dollar 100 90.091

British pound 100 872.07

Australian dollar 100 461.35

New Zealand dollar 100 430.38

Singapore dollar 100 522.68

Swiss franc 100 779.73

Canadian dollar 100 518.88

Malaysian ringgit 65.198 100

Ruble 1,137.46 100

Rand 272.87 100

Korean won 18,687 100

UAE dirham 52.068 100

Saudi riyal 53.178 100

Hungarian forint 4,911.67 100

Polish zloty 59.438 100

Danish krone 98.23 100

Swedish krona 151.97 100

Norwegian krone 155.36 100

Turkish lira 282.295 100

Mexican peso 252.49 100

Thai baht 490.85 100

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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