Foreign Currencies notified for Imported and Export Goods

Press Information Bureau 
Government of India
Ministry of Finance
04-April-2019 17:47 IST

Exchange Rates of conversion of Foreign Currencies notified for Imported and Export Goods 
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super-session of the notification of the Central Board of Indirect Taxes and Customs (CBIC) No.24/2019-CUSTOMS (N.T.), dated 20th March, 2019 except as respects things done or omitted to be done before such super-session, the Central Board of Indirect Taxes and Customs (CBIC) hereby determines that the Rate of Exchange of conversion of each of the Foreign Currencies specified in Column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 5th April, 2019, be the rate mentioned against it in the corresponding entry in Column (3) thereof, for the purpose of the said section, relating to Imported and Export Goods.
Foreign+Currencies
SCHEDULE-I
Sl.No. Foreign Currency
Rate of exchange of one unit of foreign currency
equivalent to Indian rupees
(1)
(2)
(3)
(a)
(b)
(For Imported Goods)
(For Exported Goods)
1.
Australian Dollar
50.00
47.75
2.
Bahraini Dinar
188.00
176.15
3.
Canadian Dollar
52.35
50.45
4.
Chinese Yuan
10.40
10.05
5.
Danish Kroner
10.50
10.15
6.
EURO
78.55
75.65
7.
Hong Kong Dollar
8.90
8.55
8.
Kuwaiti Dinar
233.05
217.35
9.
New Zealand Dollar
47.85
45.65
10.
Norwegian Kroner
8.15
7.85
11.
Pound Sterling
92.00
88.70
12.
Qatari Riyal
19.45
18.25
13.
Saudi Arabian Riyal
18.90
17.70
14.
Singapore Dollar
51.60
49.80
15.
South African Rand
5. 00
4.70
16.
Swedish Kroner
7.55
7.25
17.
Swiss Franc
70.10
67.40
18.
Turkish Lira
12.55
11.80
19.
UAE Dirham
19.30
18.10
20.
US Dollar
69.45
67.75

SCHEDULE-II
Sl.No. Foreign Currency
Rate of exchange of 100 units of foreign currency
equivalent to Indian rupees
(1)
(2)
(3)
(a)
(b)
(For Imported Goods)
(For Export Goods)
1.
Japanese Yen
62.75
60.40
2.
Korean Won
6.25
5.85
*****
Share via
Copy link