Currency conversion rates 

Currency rates are needed for determining the customs value of the goods in the customs declaration. In your customs declaration, please use the conversion rates published by Customs on this webpage.

In import and export declarations, you should use the conversion rates of the month when the customs declaration was submitted and accepted by Customs. If the value of the goods is entered in the invoice or the freight bill in some other currency than the euro, enter in the customs declaration the transaction price and the related items in the currency in question. The system converts the amounts into euro by using the currency conversion rates confirmed by Customs.

In some cases, you have to convert the foreign currency amounts into euro yourself. Detailed instructions are available in the customer instructions on import and export.

Is the currency rate missing?

If the currency you require is missing from the list of currency rates on this page, do this:

  1. Ask Customs Information for the currency rate.
  2. Enter in the customs declaration the transaction price in euro converted with the currency conversion rate that you received.
  3. Enter in the customs declaration the currency conversion rate received from Customs with additional information code “FIKUR.” Enter as the description the conversion rate and the currency code (i.e. “19.14 MDL”).

How does Customs determine the currency conversion rates?

The reference rate published by the European Central Bank is used for currency conversion to determine the customs value. Customs is responsible for determining the currency rate if no ECB reference rate is available. The conversion rates are based on the currency rate of the second last Wednesday of each month.

The currency rate will apply for one month from the first day of the following month.

Currency conversion rates in March 2024

Customs establishes the following currency conversion rates, which should be used when establishing the customs value of imported goods. These conversion rates must, if nothing else is mentioned, be used on goods that in Finland, during the time period 01.03.2024 - 31.03.2024, is released for free circulation within the customs territory of the Union.

The base currency for the established currency conversion rates below is euro (e.g. 1 EUR = 1.0809 USD).

Currency conversion rates in March 2024 (xls)

Currency Currency code Currency rate
US dollar USD 1.0809
Japanese yen JPY 162.12
UK pound sterling GBP 0.85619
Swedish krona SEK 11.2075
Norwegian krone NOK 11.3345
Danish krone DKK 7.4545
Swiss franc CHF 0.951
Canadian dollar CAD 1.4618
Hong Kong dollar HKD 8.4544
Australian dollar AUD 1.6486
New Zealand dollar NZD 1.7479
South African Rand ZAR 20.3446
Saudi riyal SAR 4.0512
United Arab Emirates dirham AED 3.9721
Singapore dollar SGD 1.4524
Malaysian ringgit MYR 5.1818
Indian rupee INR 89.632
Russian rouble RUB 99.5287
Czech koruna CZK 25.38
Polish zloty PLN 4.3165
Hungarian forint HUF 387.98
Thai baht THB 38.739
Korean won (Republic) KRW 1,441.77
Brazilian real BRL 5.3253
Chinese yuan renminbi CNY 7.773
Indonesian rupiah IDR 16,889.77
Israeli shekel ILS 3.9738
Mexican peso MXN 18.4379
Philippine peso PHP 60.48
Turkish lira TRY 33.5149
Moroccan dirham MAD 10.8939
Kuwait dinar KWD 0.3328
Tunisian dinar TND 3.3724
Kazakstan tenge KZT 486.2298
Egyptian pound EGP 33.3796
Iranian rial IRR 45,370.50
New Taiwan dollar TWD 34.0851
Serbian dinar RSD 117.14
Icelandic krona ISK 148.50
Bulgarian lev BGN 1.9558
Romanian leu RON 4.976
Afghanistan afghanis AFN 79.5496
Albanian lek ALL 103.715
Bangladesh taka BDT 118.4264
Belarussian ruble BYN 3.5258
Chilean peso CLP 1,047.4836
Ghana cedi GHS 13.4107
Macedonian denar MKD 61.6175
Nigerian Naira NGN 1,736.4183
Pakistan rupee PKR 302.1767
Qatari riyal QAR 3.9428
Ukraine hryvnia UAH 41.5304
Vietnamese dong VND 26,524.278
Uruguayan peso UYU 42.2441
Peru nuevo sol PEN 4.1057
Oman sul rial OMR 0.4163
Nepaleese rupee NPR 143.5718
Nicaraguan cordoba NIO 39.5634
Namibian dollar NAD 20.3411
Mozambique, Meticais MZN 68.9903
Maldive rufiyaa MVR 16.6143
Malawi kwacha MWK 1,802.6018
Mauritius rupee MUR 49.3389
Macau pataca MOP 8.7029
Mongolian tugrik MNT 3,683.66
Myanmar kyat MMK 2,264.3784
Madagascar ariary MGA 4,903.27
Libyan dinar LYD 5.2161
Liberian dollar LRD 206.328
Sri Lankan rupee LKR 336.6772
Lebanese pound LBP 97,222.58
Lao kip LAK 22,472.44
Kenyan shilling KES 157.4459
Jordanian dinar JOD 0.766
Jamaican dollar JMD 169.132
Haitian gourde HTG 142.544
Honduran lempira HNL 26.7151
Guyanan dollar GYD 225.005
Guatemalan quetzal GTQ 8.4384
Guinea franc GNF 9,303.67
Gambian dalasi GMD 73.1108
Ethiopian birr ETB 60.9737
Algerian dinar DZD 145.2243
Dominican peso DOP 63.2811
Cuban peso CUP 25.926
Costa Rican colon CRC 555.006
Colombian peso COP 4,250.8679
Chinese yuan offshore CNH 7.7859
Belize dollar BZD 2.1605
Botswana pula BWP 14.7547
Bhutan ngultrum BTN 89.6297
Bahamas dollar BSD 1.0815
Bolivian boliviano BOB 7.4646
Brunei dollar BND 1.4518
Bermudian dollar BMD 1.0803
Burundi franc BIF 3,085.20
Bahraini dinar BHD 0.4077
Barbados dollar BBD 2.161
Argentine peso ARS 905.974

Points to consider