Customs Exchange Rates Notice




NEW ZEALAND GAZETTE

No. 84

CUSTOMS EXCHANGE RATES NOTICE (NO. 17) 1996

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. 17) 1996.

(2) This notice shall come into force on the 19th day of August 1996.

  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. 16), published in the New Zealand Gazette, Customs Edition No. 77, dated 30th July 1996, on page 1988, is hereby revoked.

SCHEDULE

Code Country Rate Currency
AU Australia 0.88 Dollar
AT Austria 7.06 Schilling
BE Belgium 20.57 B Franc
CA Canada 0.93 Dollar
CL Chile 282.91 Peso
CN China 5.62 Renminbi or Yuan
DK Denmark 3.89 Krone
EG Egypt 2.33 E Pound
FJ Fiji 0.96 F Dollar
FI Finland 3.04 Markka
FR France 3.43 Franc
PF French Polynesia 62.32 FP Franc
DE German Fed. Rep. of 1.01 Mark
GR Greece 160.58 Drachma
HK Hong Kong 5.25 HK Dollar
IN India 24.17 Rupee
ID Indonesia 1546.90 Rupiah
IE Ireland 0.42 I Pound
IL Israel 2.16 Shekel
IT Italy 1029.81 Lira
JM Jamaica 23.72 J Dollar
JP Japan 72.37 Yen
KR Korea 559.69 Won
MY Malaysia 1.69 M Dollar (Ringgit)
MX Mexico 5.17 Peso
NL Netherlands 1.13 Florin (Guilder)
NO Norway 4.35 Krone
PK Pakistan 24.00 Rupee
PG Papua New Guinea 0.88 Kina
PH Philippines 17.45 Peso
PT Portugal 103.42 Escudo
SG Singapore 0.96 S Dollar
ZA South Africa 3.02 Rand
ES Spain 85.23 Peseta
LK Sri Lanka 37.87 Rupee
SE Sweden 4.50 Krona
CH Switzerland 0.82 Franc
TW Taiwan 18.88 Twn Dollar
TH Thailand 17.00 Baht
TO Tonga 0.83 Pa'anga
TR Turkey 57970.70 Lira
GB United Kingdom 0.44 Pound
US U.S.A. 0.68 Dollar
WS Western Samoa 1.64 Tala
EU European Currency Unit 0.54 Euro Dollar

Dated at Wellington this 7th day of August 1996.

G W Ludlow, Comptroller of Customs.



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✨ LLM interpretation of page content

🏭 Customs Exchange Rates Notice (No. 17) 1996

🏭 Trade, Customs & Industry
7 August 1996
Customs, Exchange Rates, Currency Conversion, Duty Assessment
  • G W Ludlow, Comptroller of Customs