Market exchange rates in China -- March 16

Xinhua
16 Mar 2023, 12:05 GMT+10

BEIJING, March 16 (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 100 691.49

Euro 100 731.94

Japanese yen 100 5.1987

Hong Kong dollar 100 88.107

British pound 100 834.43

Australian dollar 100 457.94

New Zealand dollar 100 426.65

Singapore dollar 100 511.73

Swiss franc 100 742.44

Canadian dollar 100 502.61

Malaysian ringgit 65.008 100

Ruble 1,101.66 100

Rand 265.89 100

Korean won 18,999 100

UAE dirham 53.118 100

Saudi riyal 54.317 100

Hungarian forint 5,408.90 100

Polish zloty 64.297 100

Danish krone 101.72 100

Swedish krona 153.26 100

Norwegian krone 155.50 100

Turkish lira 274.632 100

Mexican peso 274.54 100

Thai baht 500.52 100

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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