Exchange Rates For Customs

Sakshi Jain, CA LLB at April 01, 2024

CBIC Exchange Rates

The Central Board of Indirect Taxes and Customs (CBIC) has notified the exchange CBIC exchange rate today for converting each of the below-mentioned foreign currencies into Indian currency via Notification No. 31/2021 - Customs (N.T) on 18 March 2021. The CBIC rate of exchange rates (CBIC dollar rate) will be effective from 19 March 2021 for the import and export of goods.

SCHEDULE-I

Foreign Currency	Rate of exchange of one unit of foreign currency equivalent to Indian Rupees (INR)
	(For Imported Goods)	(For Exported Goods)
Australian Dollar	57.95	55.60
Bahraini Dinar	198.70	186.00
Canadian Dollar	59.50	57.35
Chinese Yuan	11.35	11.00
Danish Kroner	11.90	11.45
EURO	88.25	85.10
Hong Kong Dollar	9.50	9.15
Kuwaiti Dinar	248.35	232.45
New Zealand Dollar	53.85	51.50
Norwegian Kroner	8.75	8.45
Pound Sterling	102.80	99.35
Qatari Riyal	20.55	19.30
Saudi Arabian Riyal	19.95	18.70
Singapore Dollar	54.95	53.10
South African Rand	5.10	4.80
Swedish Kroner	8.70	8.40
Swiss Franc	80.05	76.95
Turkish Lira	9.95	9.35
UAE Dirham	20.35	19.10
US Dollar	73.35	71.60

SCHEDULE-II

Foreign Currency	Rate of exchange of 100 units of foreign currency equivalent to Indian Rupees (INR)
	(For Imported Goods)	(For Exported Goods)
Japanese Yen	67.80	65.30
Korean Won	6.65	6.25

About the Author

Sakshi Jain, CA LLB

Content Manager

I am a content and marketing manager at Masters India. I am also a tax and finance content writer. I also write academic books on accounts and tax. I have an experience of 7+ years in Income Tax Read more...

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