Exchange Rate for Conversion of Foreign Currencies w.e.f 02.03.2018

By | March 1, 2018
(Last Updated On: March 1, 2018)
Ministry of Finance

The Rate of Exchange of Conversion of Each of the Foreign Currencies Notified.

Posted On: 01 MAR 2018 6:29PM by PIB Delhi

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 (CBEC) No.13/2018-CUSTOMS (N.T.), dated  15th February, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Excise and  Customs (CBEC) 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 2nd March, 2018, 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.


Sl.No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
   (a) (b)
  (For Imported Goods)(For Export Goods)
1.Australian Dollar51.4049.60
2.Bahrain Dinar178.85167.45
3.Canadian Dollar51.6550.00
4.Chinese Yuan10.4510. 10
5.Danish Kroner10.9010.50
7.Hong Kong Dollar8.458.20
8.Kuwait Dinar225.20210.55
9.New Zealand Dollar47.9046.05
10.Norwegian Kroner8.408.10
11.Pound Sterling91.2088.25
12.Qatari Riyal18.5017.35
13.Saudi Arabian Riyal18.0016.85
14.Singapore Dollar50.0548.40
15.South African Rand5.705.35
16.Swedish Kroner8.007.70
17.Swiss Franc70.3067.80
18.UAE Dirham18.3517.20
19.US Dollar66.1064.40




Sl.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
  (For Imported Goods) (For Export Goods)
1.Japanese Yen62.1560.05
2.Kenyan Shilling64. 9060.65




(Release ID: 1522331)

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