Exchange Rates Notification No.91/2019 – Customs (N.T.)

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Exchange Rates Notification

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.88/2019-CUSTOMS (N.T.), dated 5th December, 2019 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 20th December, 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.

Exchange Rates Notification

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                                                                 SCHEDULE-I 

Sl.No.Foreign CurrencyRate 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 Dollar50.0547.80
2.Bahraini Dinar194.65182.55
3.Canadian Dollar55.1553.20
4.Chinese Yuan10.3010.00
5.Danish Kroner10.7510.40
6.EURO80.6077.60
7.Hong Kong Dollar9.308.95
8.Kuwaiti Dinar241.80226.75
9.New Zealand Dollar48.2045.95
10.Norwegian Kroner8.057.75
11.Pound Sterling94.6591.40
12.Qatari Riyal20.1518.90
13.Saudi Arabian Riyal19.5518.35
14.Singapore Dollar53.3551.50
15.South African Rand5.154.80
16.Swedish Kroner7.707.40
17.Swiss Franc74.0071.10
18.Turkish Lira12.3511.60
19.UAE Dirham20.0018.75
20.US Dollar71.9070.20

 SCHEDULE-II

Sl.No.Foreign CurrencyRate 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 Yen66.1063.65
2.Korean Won6.305.90

Source : Ministry of Finance

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