Customs Exchange Rates Notice




30 AUGUST

CUSTOMS EDITION

3433

CUSTOMS EXCHANGE RATES NOTICE (NO. 19) 1988

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. 19) 1988.

    (2) This notice shall come into force on the 12th day of September 1988.

  2. Exchange rates – Where under any provisions of the Customs Act 1966 any amount 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.

  3. Revocation – The Customs Exchange Rates Notice (No. 18) 1988, published in the New Zealand Gazette, Customs Edition No. 142, dated 18 August 1988, on page 3289 is hereby revoked.

SCHEDULE

Code Country Rate Currency
AU Australia 0.78 Dollar
AT Austria 3.47 Schilling
BD Bangladesh 20.13 Taka
BE Belgium 25.39 B Franc
BR Brazil 178.00 Cruzado
BU Burma 4.00 Kyat
CA Canada 0.78 Dollar
CL Chile 151.20 Peso
CN China 2.34 Renminbi or Yuan
DK Denmark 4.60 Krone
EG Egypt 1.46 E Pound
FJ Fiji 0.91 F Dollar
FI Finland 2.82 Markka
FR France 4.08 Franc
PF French Polynesia 74.23 FP Franc
GR Greece 96.12 Drachma
HK Hong Kong 4.91 HK Dollar
IN India 9.05 Rupee
ID Indonesia 1068.70 Rupiah
IE Ireland 0.45 I Pound
IL Israel 1.03 Shekel
IT Italy 891.46 Lira
JM Jamaica 3.40 J Dollar
JP Japan 84.30 Yen
KR Korea 458.50 Won
MY Malaysia 1.68 M Dollar (Ringgit)
MX Mexico 1430.10 Peso
NL Netherlands 1.36 Florin (Guilder)
NO Norway 4.39 Krone
PK Pakistan 11.34 Rupee
PG Papua New Guinea 0.54 Kina
PH Philippines 12.74 Peso
PT Portugal 98.03 Escudo
SG Singapore 1.28 S Dollar
ZA South Africa 1.55 Rand
ES Spain 78.33 Peseta
LK Sri Lanka 20.45 Rupee
SE Sweden 4.11 Krona
CH Switzerland 1.01 Franc
TW Taiwan 18.10 Two Dollar
TH Thailand 16.07 Baht
TO Tonga 0.77 Pa'anga
GB United Kingdom 0.38 Pound
US U.S.A. 0.63 Dollar
DZ West Germany 1.20 Mark
WS Western Samoa 1.51 Tala

Dated at Wellington this 25th day of August 1988.

M W Taylor, Comptroller of Customs.

PUBLISHED BY AUTHORITY OF DEPARTMENT OF INTERNAL AFFAIRS:
V. R. WARD, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1988

Price $3 (incl. GST)

88064B—88A



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🏭 Customs Exchange Rates Notice (No. 19) 1988

🏭 Trade, Customs & Industry
25 August 1988
Customs, Exchange Rates, Duty Assessment, International Trade
  • M W Taylor, Comptroller of Customs