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 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 01.03.2023 - 31.03.2023, 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 = 1.07 USD).

Currency conversion rates in March 2023 (xls)

Currency Currency code Currency rate
US dollar USD 1.07
Japanese yen JPY 143.05
UK pound sterling GBP 0.88825
Swedish krona SEK 11.14
Norwegian krone NOK 10.9193
Danish krone DKK 7.4515
Swiss franc CHF 0.9885
Canadian dollar CAD 1.4356
Hong Kong dollar HKD 8.3983
Australian dollar AUD 1.5529
New Zealand dollar NZD 1.7063
South African Rand ZAR 19.2891
Saudi riyal SAR 4.0042
United Arab Emirates dirham AED 3.9196
Singapore dollar SGD 1.4285
Malaysian ringgit MYR 4.70
Indian rupee INR 88.6415
Russian rouble RUB 117.201
Czech koruna CZK 23.666
Polish zloty PLN 4.76
Hungarian forint HUF 380.58
Thai baht THB 36.771
Korean won (Republic) KRW 1,374.34
Brazilian real BRL 5.586
Chinese yuan renminbi CNY 7.3229
Indonesian rupiah IDR 16,320.55
Israeli shekel ILS 3.773
Mexican peso MXN 19.9732
Philippine peso PHP 59.075
Turkish lira TRY 20.1677
Moroccan dirham MAD 10.9608
Kuwait dinar KWD 0.32664
Tunisian dinar TND 3.304
Kazakstan tenge KZT 477.0912
Egyptian pound EGP 32.3544
Iranian rial IRR 44,933.70
New Taiwan dollar TWD 32.422
Serbian dinar RSD 117.13
Icelandic krona ISK 153.90
Bulgarian lev BGN 1.9558
Romanian leu RON 4.9008
Afghanistan afghanis AFN 95.3878
Albanian lek ALL 115.774
Bangladesh taka BDT 113.4462
Belarussian ruble BYN 2.6937
Chilean peso CLP 847.7564
Ghana cedi GHS 13.2086
Macedonian denar MKD 61.5485
Nigerian Naira NGN 491.509
Pakistan rupee PKR 278.806
Qatari riyal QAR 3.8855
Ukraine hryvnia UAH 39.4106
Vietnamese dong VND 25,212.599
Uruguayan peso UYU 41.7269
Peru nuevo sol PEN 4.1138
Oman sul rial OMR 0.4056
Nepaleese rupee NPR 141.3927
Nicaraguan cordoba NIO 39.0871
Namibian dollar NAD 19.2439
Mozambique, Meticais MZN 68.294
Maldive rufiyaa MVR 16.4543
Malawi kwacha MWK 1,092.8656
Mauritius rupee MUR 48.024
Macau pataca MOP 8.6489
Mongolian tugrik MNT 3,768.55
Myanmar kyat MMK 2,243.3664
Madagascar ariary MGA 4,591.80
Libyan dinar LYD 5.1236
Liberian dollar LRD 166.79
Sri Lankan rupee LKR 389.5274
Lebanese pound LBP 16,067.55
Lao kip LAK 17,897.95
Kenyan shilling KES 133.1332
Jordanian dinar JOD 0.7528
Jamaican dollar JMD 165.161
Haitian gourde HTG 159.778
Honduran lempira HNL 26.4093
Guyanan dollar GYD 224.669
Guatemalan quetzal GTQ 8.3783
Guinea franc GNF 9,209.69
Gambian dalasi GMD 67.4998
Ethiopian birr ETB 57.3493
Algerian dinar DZD 146.1014
Dominican peso DOP 60.0294
Cuban peso CUP 25.6764
Costa Rican colon CRC 607.804
Colombian peso COP 5,240.9012
Chinese yuan offshore CNH 7.3223
Belize dollar BZD 2.1397
Botswana pula BWP 13.9868
Bhutan ngultrum BTN 88.589
Bahamas dollar BSD 1.0676
Bolivian boliviano BOB 7.3927
Brunei dollar BND 1.428
Bermudian dollar BMD 1.0699
Burundi franc BIF 2,221.35
Bahraini dinar BHD 0.4022
Barbados dollar BBD 2.1542
Argentine peso ARS 205.3132

Points to consider