Customs Exchange Rates Notice




NEW ZEALAND GAZETTE

No. 21

CUSTOMS EXCHANGE RATES NOTICE

Pursuant to section 143 of the Customs Act 1966, the Comptroller of Customs, in accordance with the power delegated to him by the Minister of Customs under section 9 of that Act, hereby gives the following notice.

NOTICE

  1. Short Title and commencement— (1) This notice may be cited as the Customs Exchange Rates Notice (No. 2) 1986.

(2) This notice shall come into force on the 1st day of February 1986.

  1. Exchange rates — Where under any provisions of the Customs Act 1966 any amount which is required to be taken into account for the purpose of assessing duty or any other purpose is not an amount in New Zealand currency, the amount to be so taken into account shall be the equivalent in New Zealand currency of that amount ascertained in accordance with the rate of exchange set out in the Schedule to this notice.

  2. Revocation — The Customs Exchange Rates Notice (No 1), published in the New Zealand Gazette, No. 234, dated 19 December 1985, on page 5887 is hereby revoked.

SCHEDULE

Code Country Rate Currency Unit
AUL Australia 0.74 Dollar
AUT Austria 8.85 Schilling
BGD Bangladesh 15.70 Taka
BEL Belgium 26.18 B Franc
BRA Brazil 5689.97 Cruzeiro
BUR Burma 4.00 Kyat
CAN Canada 0.73 Dollar
CHL Chile 91.59 Peso
CHN China 1.64 Renminbi or Yuan
DNK Denmark 4.64 Krone
EGY Egypt 0.68 £ Pound
FJI Fiji 0.57 F Dollar
FIN Finland 2.89 Markka
FRA France 3.89 Franc
FRP French Polynesia 69.70 FP Franc
GRC Greece 78.63 Drachma
HKG Hong Kong 4.01 HK Dollar
IND India 6.26 Rupee
IDN Indonesia 577.09 Rupiah
IRL Ireland 0.41 I Pound
ISR Israel 0.76 Shekel
ITA Italy 863.32 Lira
JAM Jamaica 2.66 J Dollar
JPN Japan 104.12 Yen
KOR Korea 463.66 Won
MYS Malaysia 1.25 M Dollar (Ringgit)
MEX Mexico 232.78 Peso
NLD Netherlands 1.43 Florin (Guilder)
NOR Norway 3.91 Krone
PAK Pakistan 3.12 Rupee
PNG Papua New Guinea 0.52 Kina
PHL Philippines 9.57 Peso
PRT Portugal 80.77 Escudo
SGP Singapore 1.09 S Dollar
ZAF South Africa 1.18 Rand
ESP Spain 78.76 Peseta
LKA Sri Lanka 14.03 Rupee
SWE Sweden 3.92 Krona
CHE Switzerland 1.07 Franc
TWN Taiwan 20.36 Tw Dollar
THA Thailand 13.33 Baht
TON Tonga 0.73 Pa'anga
GBR United Kingdom 0.36 Pound
USA U.S.A. 0.61 Dollar
DEU West Germany 1.27 Mark
WSM Western Samoa 1.15 Tala

Dated at Wellington this 17th day of January 1986.

M J Belgrave, Comptroller of Customs


BY AUTHORITY: V. R. WARD, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1986

Price $1.20


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✨ LLM interpretation of page content

🏭 Customs Exchange Rates Notice

🏭 Trade, Customs & Industry
17 January 1986
Customs Exchange Rates, Notice, Customs Act 1966, Currency Conversion
  • M J Belgrave, Comptroller of Customs