Rate of Exchange of conversion of the Foreign Currencies notified by CBIC

Rate of Exchange of conversion of the Foreign Currencies notified by CBIC

  • In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs (CBIC) notified the Rate of Exchange of conversion of the Foreign Currencies into Indian currency or vice versa, which is relating to imported and export goods.

  • New exchange rate will be effective from 21st March, 2019.

SCHEDULE-I

Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(For Imported Goods) (For Exported Goods)
Australian Dollar 50.05 47.85
Bahraini Dinar 189.50 177.70
Canadian Dollar 52.85 50.90
Chinese Yuan 10.45 10.15
Danish Kroner 10.70 10.30
EURO 80.00 77.05
Hong Kong Dollar 9.00 8.65
Kuwaiti Dinar 235.65 220.50
New Zealand Dollar 48.50 46.30
Norwegian Kroner 8.25 7.95
Pound Sterling 93.30 90.00
Qatari Riyal 19.65 18.40
Saudi Arabian Riyal 19.05 17.85
Singapore Dollar 52.05 50.25
South African Rand 4. 95 4.60
Swedish Kroner 7.65 7.35
Swiss Franc 70.55 67.80
Turkish Lira 13.00 12.25
UAE Dirham 19.45 18.25
US Dollar 70.00 68.35

SCHEDULE-II

Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(For Imported Goods) (For Exported Goods)
Japanese Yen 63.15 60.80
Korean Won 6.30 5.95

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