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Home News News and Press Release Month 5 2024 2024 (5) This

Rate of exchange of one unit of foreign currency equivalent to Indian rupees–Supersession Notification No. 30/2024-Customs(N.T.), dated 18th April, 2024

2-5-2024
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In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 30/2024-Customs(N.T.), dated 18th April, 2024 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 3rd May, 2024, 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 Export Goods)

1.

Australian Dollar

55.70

53.30

2.

Bahraini Dinar

236.90

208.95

3.

Canadian Dollar

61.80

59.85

4.

Chinese Yuan

11.75

11.35

5.

Danish Kroner

12.15

11.80

6.

EURO

91.00

87.90

7.

Hong Kong Dollar

10.85

10.55

8.

Kuwaiti Dinar

279.75

262.40

9.

New Zealand Dollar

50.60

48.30

10.

Norwegian Kroner

7.65

7.45

11.

Pound Sterling

106.35

102.90

12.

Qatari Riyal

23.65

22.25

13.

Saudi Arabian Riyal

22.80

21.65

14.

Singapore Dollar

62.40

60.40

15.

South African Rand

4.65

4.35

16.

Swedish Kroner

7.75

7.55

17.

Swiss Franc

92.75

89.35

18.

Turkish Lira

2.65

2.50

19.

UAE Dirham

23.45

22.05

20.

US Dollar

84.35

82.60

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

54.30

52.70

2.

Korean Won

6.25

5.90

 

 

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