Currency conversion rates 2017–2022

Currency conversion rates in July 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 01.07.2022 - 31.07.2022, 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 = 1.0521 USD).

Currency conversion rates in July 2022 (xls)

Currency Currency code Currency rate
US Dollar USD 1.0521
Japanese Yen JPY 143.11
British Pound GBP 0.85885
Swedish Krona SEK 10.6688
Norwegian Krone NOK 10.5045
Danish Krone DKK 7.4387
Swiss Franc CHF 1.0153
Canadian Dollar CAD 1.366
Hong Kong Dollar HKD 8.2589
Australian Dollar AUD 1.5254
New Zealand Dollar NZD 1.6835
South African Rand ZAR 16.7985
Saudi Arabian Riyal SAR 3.9618
Emirati Dirham AED 3.7774
Singapore Dollar SGD 1.4615
Malaysian Ringgit MYR 4.6345
Indian Rupee INR 82.4075
Russian Ruble RUB 117.201
Czech Koruna CZK 24.712
Polish Zloty PLN 4.6905
Hungarian Forint HUF 396.00
Thai Baht THB 37.281
South Korean Won KRW 1,369.29
Brazilian Real BRL 5.4349
Chinese Yuan Renminbi CNY 7.0604
Indonesian Rupiah IDR 15,618.98
Israeli Shekel ILS 3.6432
Mexican Peso MXN 21.1491
Philippine Peso PHP 57.174
Turkish Lira TRY 18.255
Moroccan Dirham MAD 10.585
Kuwaiti Dinar KWD 0.3238
Tunisian Dinar TND 3.2177
Kazakhstani Tenge KZT 480.9651
Egyptian Pound EGP 19.7807
Iranian Rial IRR 44,332.47
Taiwan New Dollar TWD 31.4296
Serbian Dinar RSD 117.405
Icelandic Krona ISK 138.70
Bulgarian Lev BGN 1.9558
Croatian Kuna HRK 7.5228
Romanian Leu RON 4.9467
SDR - Special Drawing Right XDR 0.78883
Afghan Afghani AFN 94.3121
Albanian Lek ALL 119.5393
Armenian Dram AMD 435.5349
Azerbaijan Manat AZN 1.7934
Bosnian Convertible Mark BAM 1.9602
Bangladeshi Taka BDT 98.0961
Belarussian Ruble BYN 3.4971
Congolese Franc CDF 2,104.8846
Chilean Peso CLP 937.6845
Ghanaian Cedi GHS 8.3915
Gibraltar Pound GIP 0.8631
Iraqi Dinar IQD 1,540.5533
Moldovan Leu MDL 20.1929
Macedonian Denar MKD 61.5852
Nigerian Naira NGN 438.1948
Pakistani Rupee PKR 223.3776
Qatari Riyal QAR 3.8558
Ukrainian Hryvnia UAH 31.0354
Vietnamese Dong VND 24,527.9946

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.