Currency conversion rates 2017–2022

Currency conversion rates in January 2022

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 01.01.2022 - 31.01.2022, 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 = 1.1301 USD).

Currency conversion rates in January 2022 (xls)

Currency Currency code Currency rate
US Dollar USD 1.1301
Japanese Yen JPY 129.08
British Pound GBP 0.849
Swedish Krona SEK 10.2906
Norwegian Krone NOK 10.0613
Danish Krone DKK 7.4362
Swiss Franc CHF 1.0432
Canadian Dollar CAD 1.4589
Hong Kong Dollar HKD 8.8155
Australian Dollar AUD 1.5758
New Zealand Dollar NZD 1.6674
South African Rand ZAR 17.9668
Saudi Arabian Riyal SAR 4.2477
Emirati Dirham AED 4.0527
Singapore Dollar SGD 1.5422
Malaysian Ringgit MYR 4.7617
Indian Rupee INR 85.407
Russian Ruble RUB 83.4396
Czech Koruna CZK 25.24
Polish Zloty PLN 4.632
Hungarian Forint HUF 368.54
Thai Baht THB 38.13
South Korean Won KRW 1,346.25
Brazilian Real BRL 6.4616
Chinese Yuan Renminbi CNY 7.1999
Indonesian Rupiah IDR 16,102.79
Israeli Shekel ILS 3.5775
Mexican Peso MXN 23.47
Philippine Peso PHP 56.772
Turkish Lira TRY 14.0719
Moroccan Dirham MAD 10.4734
Kuwaiti Dinar KWD 0.3425
Tunisian Dinar TND 3.2511
Kazakhstani Tenge KZT 494.2907
Egyptian Pound EGP 17.8092
Iranian Rial IRR 47,506.20
Taiwan New Dollar TWD 31.431
Serbian Dinar RSD 117.58
Icelandic Krona ISK 146.80
Bulgarian Lev BGN 1.9558
Croatian Kuna HRK 7.5208
Romanian Leu RON 4.9503
SDR - Special Drawing Right XDR 0.80847
Afghan Afghani AFN 116.6617
Albanian Lek ALL 120.7449
Armenian Dram AMD 556.5012
Azerbaijan Manat AZN 1.9217
Bosnian Convertible Mark BAM 1.9606
Bangladeshi Taka BDT 96.9975
Belarussian Ruble BYN 2.8486
Congolese Franc CDF 2,257.5625
Chilean Peso CLP 977.1007
Ghanaian Cedi GHS 6.9845
Gibraltar Pound GIP 0.8533
Iraqi Dinar IQD 1,650.8405
Moldovan Leu MDL 20.068
Macedonian Denar MKD 61.611
Nigerian Naira NGN 465.0744
Pakistani Rupee PKR 202.071
Qatari Riyal QAR 4.1183
Ukrainian Hryvnia UAH 30.8623
Vietnamese Dong VND 25,970.056

Points to consider

If the transaction price or the related items are given in a currency other than the euro, the sums must first be converted into euros based on the currency rates confirmed by Customs.

On customs declarations, the value of the goods is declared in the currency stated on the invoice or freight bill. The sums are converted into euros according to the conversion rate confirmed by Customs.

In the case of customs declarations for release for free circulation, the conversion rates applied are those valid on the date when Customs accepts the customs declaration for the goods. For example, if the acceptance date of the customs declaration is in September, the rate Customs has confirmed for September will be applied.

How does Customs determine the currency conversion rates?

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

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

If you need a currency conversion rate that has not been published on the Finnish Customs website, you can request it by contacting the Customs Information Service.