BEIJING, March 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 687.15

Euro 100 740.12

Japanese yen 100 5.1937

Hong Kong dollar 100 87.562

British pound 100 839.82

Australian dollar 100 458.39

New Zealand dollar 100 425.22

Singapore dollar 100 513.86

Swiss franc 100 745.49

Canadian dollar 100 501.10

Malaysian ringgit 65.046 100

Ruble 1,122.71 100

Rand 270.12 100

Korean won 19,014 100

UAE dirham 53.445 100

Saudi riyal 54.673 100

Hungarian forint 5,255.26 100

Polish zloty 63.322 100

Danish krone 100.61 100

Swedish krona 150.48 100

Norwegian krone 153.50 100

Turkish lira 277.00 100

Mexican peso 271.09 100

Thai baht 501.16 100

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.