Currency conversion rates 2017–2022

Currency conversion rates in October 2018

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 01.10.2018 - 31.10.2018, 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 = 1.1481 USD).

Currency conversion rates in October 2018 (xls)

Currency Currency code Currency rate Korjattu kurssi
US Dollar USD 1.1481 1.1667
Japanese Yen JPY 128.89 130.94
British Pound GBP 0.87373 0.88813
Swedish Krona SEK 10.2197 10.3878
Norwegian Krone NOK 9.392 9.547
Danish Krone DKK 7.3404 7.4597
Swiss Franc CHF 1.1122 1.1304
Canadian Dollar CAD 1.4894 1.5136
Hong Kong Dollar HKD 9.0056 9.1515
Australian Dollar AUD 1.5856 1.6109
New Zealand Dollar NZD 1.7407 1.7684
South African Rand ZAR 16.6504 17.1004
Saudi Arabian Riyal SAR 4.285 4.285
Emirati Dirham AED 4.1964 4.1964
Singapore Dollar SGD 1.5739 1.5993
Malaysian Ringgit MYR 4.8336 4.8336
Indian Rupee INR 82.9337 84.4515
Russian Ruble RUB 75.6688 78.0688
Czech Koruna CZK 25.022 25.434
Polish Zloty PLN 4.2266 4.2951
Hungarian Forint HUF 318.22 323.39
Thai Baht THB 37.094 37.871
South Korean Won KRW 1,283.13 1,308.76
Brazilian Real BRL 4.8582 4.8582
Chinese Yuan Renminbi CNY 7.9983 7.9983
Indonesian Rupiah IDR 17,355.00 17,355.00
Israeli Shekel ILS 4.0946 4.1775
Mexican Peso MXN 21.413 21.8681
Philippine Peso PHP 63.023 63.023
Turkish Lira TRY 7.0236 7.3236
Moroccan Dirham MAD 10.9647 10.9647
Kuwaiti Dinar KWD 0.3532 0.3532
Tunisian Dinar TND 3.2406 3.2406
Kazakhstani Tenge KZT 421.6787 421.6787
Egyptian Pound EGP 20.9277 20.9277
Iranian Rial IRR 48,974.10 48,974.10
Taiwan New Dollar TWD 35.8922 35.8922
Serbian Dinar RSD 118.18 118.18

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.