China Market Exchange Rate – May 20

BEIJING, May 20 (Xinhua) – Here are the central parity rates of the Chinese renminbi, or yuan, against the 24 major currencies announced by the China Foreign Exchange Trade System on Thursday:

Monetary unit Central parity rate in yuan

US dollar 100 644.64

100,784.91 euros

Japanese Yen 100 5.9008

Hong Kong dollar 100 83.015

British pound 100909.70

Australian dollar 100 497.94

New Zealand dollar 100,462.00

Singapore dollar 100,482.88

Swiss Franc 100,713.17

Canadian dollar 100 531.40

Malaysian Ringgit 64.241 100

Ruble 1 145.24 100

Rand 218.60 100

Korean won 17555 100

UAE Dirham 56.981 100

Saudi Riyal 58.179 100

Hungarian Forint 4,469.35 100

Polish Zloty 57.643 100

Danish krone 94.73 100

Swedish krona 129.53 100

Norwegian Krone 129.12 100

Turkish lira 130.518 100

Mexican peso 309.27 100

Thai Baht 487.77 100

The central parity rate of the yuan to the US dollar is based on a weighted average of the prices offered by market makers before the interbank market opens on each business day.

The central parity rate of the yuan to the Hong Kong dollar is based on the central parity rate of the yuan to the US dollar and the exchange rate of the Hong Kong dollar to the US dollar at 9 a.m. in the markets international exchange on the same working day.

The central parity rates of the yuan against the 22 other currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.

About William G.

Check Also

U.S. Financial Agencies To Meet To Discuss Future Impact Of Stable Coins By Cointelegraph

U.S. financial agencies to meet to discuss future impact of stablecoins US Secretary of the …