Customs Exchange Rates Notice




3 NOVEMBER

NEW ZEALAND GAZETTE

Customs Exchange Rates Notice (No. 23) 1987

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. 23) 1987.

(2) This notice shall come into force on the 9th day of November 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 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. 22) 1987, published in the New Zealand Gazette, No. 178, dated 15 October 1987 on page 4725 is hereby revoked.


SCHEDULE

Value of One NZ Dollar

Country Value of One NZ Dollar
Australia .90 Dollar
Austria 8.06 Schilling
Bangladesh 19.68 Taka
Belgium 23.50 B Franc
Brazil 34.74 Cruzado
Burma 4.24 Kyat
Canada .83 Dollar
Chile 143.18 Peso
China 2.35 Renminbi or Yuan
Denmark 4.30 Krone
Egypt 1.41 E Pound
Fiji 95 F Dollar
Finland 2.72 Markka
France 3.75 Franc
French Polynesia 68.24 FP Franc
Greece 86.33 Drachma
Hong Kong 4.93 HK Dollar
India 8.22 Rupee
Indonesia 1040.54 Rupiah
Ireland .42 1 Pound
Israel 1.01 Shekel
Italy 810.90 Lira
Jamaica 3.42 J Dollar
Japan 89.70 Yen
Korea 503.88 Won
Malaysia 1.59 M Dollar (Ringgit)
Mexico 1037.71 Peso
Netherlands 1.26 Florin (Guilder)
Norway 4.13 Krone
Pakistan 10.89 Rupee
Papua New Guinea .56 Kina
Philippines 12.59 Peso
Portugal 89.52 Escudo
Singapore 1.31 S Dollar
South Africa 1.27 Rand
Spain 72.50 Peseta
Sri Lanka 18.90 Rupee
Sweden 3.96 Krona
Switzerland .92 Franc
Taiwan 18.66 Twn Dollar
Thailand 16.17 Baht
Tonga .89 Pa'anga
United Kingdom .37 Pound
U.S.A. .63 Dollar
West Germany 1.12 Mark
Western Samoa 1.29 Tala

Dated at Wellington this 27th day of October 1987.

M W. TAYLOR, Comptroller of Customs.


Price $1.32c (incl. G.S.T.)

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

77838F—87A


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✨ LLM interpretation of page content

🏭 Customs Exchange Rates Notice (No. 23) 1987

🏭 Trade, Customs & Industry
27 October 1987
Exchange Rates, Customs, Trade, Currency Conversion
  • M W. Taylor, Comptroller of Customs