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Home News News and Press Release Month 4 2019 2019 (4) This
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Exchange Rates of conversion of Foreign Currencies notified for Imported and Export Goods

April 4, 2019
  • Contents

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.

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

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