Customs Exchange Rates




3500 NEW ZEALAND GAZETTE No. 119

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. 16) 1987.

(2) This notice shall come into force on the 3 day of August 1987.

  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. 15) 1987, published in the New Zealand Gazette, No. 110, dated 9 July, on page 3323 is hereby revoked.

SCHEDULE

Code Country Rate Currency Unit
AUL Australia 0.85 Dollar
AUT Austria 7.79 Schilling
BGD Bangladesh 18.55 Taka
BEL Belgium 23.33 B Franc
BRA Brazil 27.19 Cruzado
BUR Burma 3.99 Kyat
CAN Canada 0.78 Dollar
CHL Chile 136.43 Peso
CHN China 2.24 Renminbi or Yuan
DNK Denmark 4.25 Krone
EGY Egypt 1.32 E Pound
FJI Fiji 0.79 F Dollar
FIN Finland 2.71 Markka
FRA France 3.72 Franc
PYF French Polynesia 67.65 FP Franc
GRC Greece 84.37 Drachma
HKG Hong Kong 4.69 HK Dollar
IND India 7.86 Rupee
IDN Indonesia 991.15 Rupiah
IRL Ireland 0.41 I Pound
ISR Israel 0.88 Shekel
ITA Italy 808.93 Lira
JAM Jamaica 3.30 J Dollar
JPN Japan 91.75 Yen
KOR Korea 487.40 Won
MYS Malaysia 1.53 M Dollar (Ringgit)
MEX Mexico 840.80 Peso
NLD Netherlands 1.26 Florin (Guilder)
NOR Norway 4.08 Krone
PAK Pakistan 10.40 Rupee
PNG Papua New Guinea 0.55 Kina
PHL Philippines 11.95 Peso
PRT Portugal 87.06 Escudo
SGP Singapore 1.27 S Dollar
ZAF South Africa 1.24 Rand
ESP Spain 76.90 Peseta
LKA Sri Lanka 17.50 Rupee
SWE Sweden 3.89 Krona
CHE Switzerland 0.93 Franc
TWN Taiwan 18.80 Twn Dollar
THA Thailand 15.52 Baht
TON Tonga 0.85 Pa'anga
GBR United Kingdom 0.38 Pound
USA U.S.A. 0.60 Dollar
DEU West Germany 1.12 Mark
WSM Western Samoa 1.27 Tala

Dated at Wellington this 21st day of July 1987.

M W Taylor, Comptroller of Customs

BY AUTHORITY: V. R. WARD, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1987

Price $1.76c (incl. G.S.T.)


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🏭 Customs Exchange Rates Notice

🏭 Trade, Customs & Industry
21 July 1987
Customs, Exchange Rates, Tariff, Currency Conversion
  • M W Taylor, Comptroller of Customs