Customs Exchange Rates Notice




29 AUGUST

CUSTOMS EDITION

3823

CUSTOMS EXCHANGE RATES NOTICE (NO. 19) 1989

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) 1989.

(2) This notice shall come into force on the 11th day of September 1989.

  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. 18) 1989, published in the New Zealand Gazette, Customs Edition No. 142, dated 15 August 1989, on page 3530 is hereby revoked.

SCHEDULE

Country Rate Currency
AU Australia 0.77 Dollar
AT Austria 7.98 Schilling
BD Bangladesh 18.97 Taka
BE Belgium 23.86 B Franc
BR Brazil 1.49 Cruzado
BU Burma now Myanmar 3.90 Kyat
CA Canada 0.89 Dollar
CL Chile 150.86 Peso
CN China 2.19 Renminbi or Yuan
DK Denmark 4.42 Krone
EG Egypt 1.50 E Pound
FJ Fiji 0.89 F Dollar
FI Finland 2.57 Markka
FR France 3.84 Franc
PF French Polynesia 69.85 FP Franc
GR Greece 93.06 Drachma
HK Hong Kong 4.56 HK Dollar
IN India 9.74 Rupee
ID Indonesia 1048.34 Rupiah
IE Ireland 0.43 I Pound
IL Israel 1.07 Shekel
IT Italy 814.46 Lira
JM Jamaica 3.17 J Dollar
JP Japan 83.35 Yen
KR Korea 392.10 Won
MY Malaysia 1.58 M Dollar (Ringgit)
MX Mexico 1504.48 Peso
NL Netherlands 1.28 Florin (Guilder)
NO Norway 4.16 Krone
PK Pakistan 12.13 Rupee
PG Papua New Guinea 0.51 Kina
PH Philippines 12.21 Peso
PT Portugal 95.79 Escudo
SG Singapore 1.15 S Dollar
ZA South Africa 1.63 Rand
ES Spain 70.97 Peseta
LK Sri Lanka 21.46 Rupee
SE Sweden 3.86 Krona
CH Switzerland 0.98 Franc
TW Taiwan 15.08 Twn Dollar
TH Thailand 15.18 Baht
TO Tonga 0.75 Pa'anga
GB United Kingdom 0.37 Pound
US U.S.A. 0.59 Dollar
DE West Germany 1.14 Mark
WS Western Samoa 1.33 Tala

Dated at Wellington this 24th day of August 1989.

M W Taylor, Comptroller of Customs



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🏭 Customs Exchange Rates Notice (No. 19) 1989

🏭 Trade, Customs & Industry
24 August 1989
Exchange Rates, Customs Act, Currency Conversion, International Trade
  • M W Taylor, Comptroller of Customs