BEIJING, March 8 (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 100 647.95

Euro 100 772.48

Japanese yen 100 5.9725

Hong Kong dollar 100 83.457

British pound 100 897.43

Australian dollar 100 499.50

New Zealand dollar 100 465.29

Singapore dollar 100 483.27

Swiss franc 100 696.30

Canadian dollar 100 512.84

Malaysian ringgit 62.905 100

Ruble 1,142.35 100

Rand 236.67 100

Korean won 17,395 100

UAE dirham 56.72 100

Saudi riyal 57.932 100

Hungarian forint 4,751.09 100

Polish zloty 59.388 100

Danish krone 96.28 100

Swedish krona 131.64 100

Norwegian krone 131.68 100

Turkish lira 116.106 100

Mexican peso 328.05 100

Thai baht 470.62 100

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.