CBIC determines rate of exchange of conversion of foreign currency w.e.f 17th May 2013

Last updated: 19 April 2021

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 Government of India in the Ministry of Finance (Department of Revenue) No.52/2013-CUSTOMS (N.T.), dated the 2nd May, 2013 vide number S.O.1121(E), dated the 2nd May, 2013, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs(CBIC) hereby determines that the rate of exchange of conversion of each of the foreign currency 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, 2013 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

S.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 Export Goods)
1.	Australian Dollar	55.05	53.55
2.	Bahrain Dinar	149.75	141.35
3.	Canadian Dollar	54.50	53.15
4.	Danish Kroner	9.65	9.35
5.	EURO	71.80	70.00
6.	Hong Kong Dollar	7.15	7.00
7.	Kenya Shilling	67.60	63.50
8.	Kuwait Dinar	197.70	185.95
9.	New Zealand Dollar	45.65	44.45
10.	Norwegian Kroner	9.55	9.25
11.	Pound Sterling	84.50	82.50
12.	Singapore Dollar	44.70	43.55
13.	South African Rand	6.10	5.75
14.	Saudi Arabian Riyal	15.05	14.20
15.	Swedish Kroner	8.35	8.10
16.	Swiss Franc	57.50	56.05
17.	UAE Dirham	15.35	14.50
18.	US Dollar	55.30	54.35

SCHEDULE-II

S.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	54.40	53.00