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    On May 5, 2023, the China Foreign Exchange Trading Center was authorized to announce the central parity rate of the RMB exchange rate

    The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on May 5, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.9114 yuan to 1 US dollar, 7.6189 yuan to 1 euro, 5.1491 yuan to 100 yen, 0.88059 yuan to 1 Hong Kong dollar, 8.6967 yuan to 1 pound, 4.6316 yuan to 1 Australian dollar, 4.3473 yuan to 1 New Zealand dollar, 5.2060 yuan to 1 Singapore dollar, 7.8054 yuan to 1 Swiss franc, 5.1111 yuan to 1 Canadian dollar, 0.64370 ringgit to 1 yuan to 11.3559 Russian ruble, 2.6469 South African rand to 1 yuan to 191.40 Korean won, 0.53137 UAE dirham to 1 yuan to 0.54266 Saudi riyal, 48.9691 Hungarian forint to 1 yuan RMB 1 to 0.60238 Polish zloty, RMB 1 to 0.9777 Danish kroner, RMB 1 to 1.4803 Swedish kroner, RMB 1 to 1.5449 Norwegian kroner, RMB 1 to 2.81345 Turkish lira, RMB 1 to 2.5897 Mexican pesos, RMB 1 to 4.8888 baht.


    China Foreign Exchange Trading Center

    May 5, 2023

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    Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.