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Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
December, 05th 2014

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.111/2014-CUSTOMS (N.T.), dated the 20th November, 2014 vide number S.O.2943 (E), dated the 20th November, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs 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 5th December, 2014 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

52.65

51.35

2.

Bahrain Dinar

169.15

159.90

3.

Canadian Dollar                

55.20

53.95

4.

Danish Kroner

10.40

10.10

5.

EURO

77.20

75.35

6.

Hong Kong Dollar

8.05

7.95

7.

Kuwait Dinar

218.75

206.25

8.

New Zealand Dollar

48.75

47.35

9.

Norwegian Kroner

8.95

8.70

10.

Pound Sterling

98.30

96.10

11.

Singapore Dollar

47.70

46.70

12.

South African Rand

5.70

5.35

13.

Saudi Arabian Riyal

17.00

16.05

14.

Swedish Kroner

8.35

8.15

15.

Swiss Franc

64.25

62.60

16.

UAE Dirham

17.35

16.40

17.

US Dollar

62.50

61.50

 

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

52.30

51.10

2.

Kenya Shilling

70.80

66.75

 

 
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