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Home News News and Press Release Month 1 2019 2019 (1) This

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

3-1-2019
  • Contents

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.99/2018-CUSTOMS (N.T.), dated 20th December, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs 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 4th January, 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.

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

50.05

47.80

2.

Bahraini Dinar

192.85

180.85

3.

Canadian Dollar                

52.60

50.65

4.

Chinese Yuan

10.40

10.10

5.

Danish Kroner

10.90

10.50

6.

EURO

81.55

78.60

7.

Hong Kong Dollar

9.15

8.80

8.

Kuwaiti Dinar

239.75

224.45

9.

New Zealand Dollar 

47.90

45.75

10.

Norwegian Kroner

8.20

7.90

11.

Pound Sterling

89.95

86.75

12.

Qatari Riyal

19.95

18.70

13.

Saudi Arabian Riyal

19.40

18.15

14.

Singapore Dollar

52.50

50.60

15.

South African Rand

5. 00

4.70

16.

Swedish Kroner

7.95

7.65

17.

Swiss Franc

72.70

69.90

18.

Turkish Lira

13.35

12.55

19.

UAE Dirham

19.80

18.55

20.

US Dollar

71.25

69.55

 

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 Exported Goods)

1.

Japanese Yen

66.90

64.45

2.

Korean Won

6.45

6.05

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