Exchange Rates

Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
Notification No. 53/2017 – Customs (N.T.)

New Delhi, dated the 15th June, 2017  

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 Excise and Customs No.52/2017-CUSTOMS (N.T.), dated 1st June, 2017, except as respects things done or omitted to be done before such supersession, the Central Board of Excise 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 16th June, 2017, 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.

SHEDULE 1

Sl.No. Foreign Currency

  Rate of exchange of one unit of foreign currency equivalent to

Indian rupees

 

(1)

(2)

(A)

(3)

(B)

   

(For Imported

Goods)

(For Export

Goods)

1.

Australian Dollar  

49.85

 

48.10

2.

Bahrain Dinar  

  176.60

 

164.65

3.

Canadian Dollar  

49.35

 

47.75

4.

Chinese Yuan  

9.65

 

9.30

5.

Danish Kroner  

9.90

 

9.50

6.

EURO  

73.45

 

70.95

7.

Hong Kong Dollar  

8.35

 

8.15

 

8.

Kuwait Dinar  

219.25

 

204.95

9.

New Zealand Dollar  

47.25

 

45.55

10.

Norwegian Kroner  

7.75

 

7.50

11.

Pound Sterling  

83.40

 

80.60

12.

Qatari Riyal  

18.10

 

17.05

13.

Saudi Arabian Riyal  

17.75

 

16.60

14.

Singapore Dollar  

47.50

 

45.90

15.

South African Rand  

5.25

 

4.90

16.

Swedish Kroner  

7.50

 

7.25

17.

Swiss Franc  

67.35

 

65.10

18.

UAE Dirham  

18.10

 

16.95

19.

US Dollar  

65.15

 

63.5

 

 

SCHEDULE-II

 

  Foreign

Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

(3)

                   (1)

(2)                (A)

(3)                  (B)

   

(For Imported

Goods)

(For Export

Goods)

1.

Japanese Yen

59.75

57.70

2.

Kenya Shilling

64.35

60.15