Exchange Rate of conversion of the Foreign Currencies relating to Imported and Export Goods

Press Information Bureau 
Government of India
Ministry of Finance
16-May-2019 17:25 IST

Exchange Rate of conversion of the Foreign Currencies relating to Imported and Export Goods notified 

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.35/2019-CUSTOMS (N.T.), dated 2nd May, 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 17th May, 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.
Rate+of+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
49.8
47.55
2.
Bahraini Dinar
192.65
180.7
3.
Canadian Dollar
53.25
51.4
4.
Chinese Yuan
10.4
10.05
5.
Danish Kroner
10.75
10.35
6.
EURO
80.3
77.35
7.
Hong Kong Dollar
9.15
8.8
8.
Kuwaiti Dinar
238.75
223.9
9.
New Zealand Dollar
47.35
45.15
10.
Norwegian Kroner
8.2
7.9
11.
Pound Sterling
92
88.75
12.
Qatari Riyal
19.95
18.7
13.
Saudi Arabian Riyal
19.35
18.15
14.
Singapore Dollar
52.3
50.5
15.
South African Rand
5.1
4.8
16.
Swedish Kroner
7.45
7.2
17.
Swiss Franc
71.1
68.35
18.
Turkish Lira
12.05
11.3
19.
UAE Dirham
19.75
18.55
20.
US Dollar
71.15
69.5

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
65.45
63
2.
Korean Won
6.1
5.75
*****

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