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 June 2023

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 01.06.2023 - 30.06.2023, 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 = 1.0785 USD).

Currency conversion rates in June 2023 (xls)

Currency Currency code Currency rate
US dollar USD 1.0785
Japanese yen JPY 149.30
UK pound sterling GBP 0.86993
Swedish krona SEK 11.5103
Norwegian krone NOK 11.8175
Danish krone DKK 7.4477
Swiss franc CHF 0.9732
Canadian dollar CAD 1.46
Hong Kong dollar HKD 8.4462
Australian dollar AUD 1.6402
New Zealand dollar NZD 1.7582
South African Rand ZAR 20.7479
Saudi riyal SAR 4.0362
United Arab Emirates dirham AED 3.9513
Singapore dollar SGD 1.4526
Malaysian ringgit MYR 4.9536
Indian rupee INR 89.1473
Russian rouble RUB 117.201
Czech koruna CZK 23.671
Polish zloty PLN 4.49
Hungarian forint HUF 372.70
Thai baht THB 37.171
Korean won (Republic) KRW 1,421.92
Brazilian real BRL 5.3397
Chinese yuan renminbi CNY 7.6005
Indonesian rupiah IDR 16,063.50
Israeli shekel ILS 4.0095
Mexican peso MXN 19.2493
Philippine peso PHP 60.068
Turkish lira TRY 21.4487
Moroccan dirham MAD 11.0008
Kuwait dinar KWD 0.3308
Tunisian dinar TND 3.3251
Kazakstan tenge KZT 479.86
Egyptian pound EGP 33.214
Iranian rial IRR 45,273.90
New Taiwan dollar TWD 33.1799
Serbian dinar RSD 117.21
Icelandic krona ISK 151.30
Bulgarian lev BGN 1.9558
Romanian leu RON 4.9614
Afghanistan afghanis AFN 94.1913
Albanian lek ALL 110.749
Bangladesh taka BDT 115.4744
Belarussian ruble BYN 2.7117
Chilean peso CLP 871.4167
Ghana cedi GHS 11.8457
Macedonian denar MKD 61.551
Nigerian Naira NGN 495.3914
Pakistan rupee PKR 308.5276
Qatari riyal QAR 3.9184
Ukraine hryvnia UAH 39.7728
Vietnamese dong VND 25,279.8754
Uruguayan peso UYU 41.6162
Peru nuevo sol PEN 3.963
Oman sul rial OMR 0.4143
Nepaleese rupee NPR 142.4342
Nicaraguan cordoba NIO 39.4854
Namibian dollar NAD 20.7559
Mozambique, Meticais MZN 68.865
Maldive rufiyaa MVR 16.5573
Malawi kwacha MWK 1,101.3841
Mauritius rupee MUR 48.9983
Macau pataca MOP 8.6949
Mongolian tugrik MNT 3,767.44
Myanmar kyat MMK 2,254.6741
Madagascar ariary MGA 4,734.96
Libyan dinar LYD 5.1671
Liberian dollar LRD 181.096
Sri Lankan rupee LKR 326.8346
Lebanese pound LBP 16,197.01
Lao kip LAK 18,926.00
Kenyan shilling KES 148.5162
Jordanian dinar JOD 0.7645
Jamaican dollar JMD 166.191
Haitian gourde HTG 151.885
Honduran lempira HNL 26.6038
Guyanan dollar GYD 227.447
Guatemalan quetzal GTQ 8.4118
Guinea franc GNF 9,324.28
Gambian dalasi GMD 63.6224
Ethiopian birr ETB 58.784
Algerian dinar DZD 147.1335
Dominican peso DOP 58.7699
Cuban peso CUP 25.8708
Costa Rican colon CRC 582.325
Colombian peso COP 4,796.4464
Chinese yuan offshore CNH 7.6036
Belize dollar BZD 2.1559
Botswana pula BWP 14.6316
Bhutan ngultrum BTN 89.1168
Bahamas dollar BSD 1.0785
Bolivian boliviano BOB 7.4487
Brunei dollar BND 1.4522
Bermudian dollar BMD 1.078
Burundi franc BIF 3,037.17
Bahraini dinar BHD 0.4055
Barbados dollar BBD 2.1517
Argentine peso ARS 253.6448

Points to consider