Currency conversion rates 2017–2022

Currency conversion rates in January 2019

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 01.01.2019 - 31.01.2019, 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 = 1.1219 USD).

Currency conversion rates in January 2019 (xls)

Currency Currency code Currency rate Korjattu kurssi
US Dollar USD 1.1219 1.1405
Japanese Yen JPY 126.06 128.11
British Pound GBP 0.88878 0.90318
Swedish Krona SEK 10.1712 10.3393
Norwegian Krone NOK 9.7826 9.9375
Danish Krone DKK 7.3483 7.4676
Swiss Franc CHF 1.1146 1.1328
Canadian Dollar CAD 1.509 1.5332
Hong Kong Dollar HKD 8.7782 8.9241
Australian Dollar AUD 1.5626 1.5879
New Zealand Dollar NZD 1.635 1.663
South African Rand ZAR 15.8102 16.2602
Saudi Arabian Riyal SAR 4.2017 4.2017
Emirati Dirham AED 4.113 4.113
Singapore Dollar SGD 1.5369 1.5623
Malaysian Ringgit MYR 4.7661 4.7661
Indian Rupee INR 78.598 80.116
Russian Ruble RUB 74.6444 77.0444
Czech Koruna CZK 25.353 25.765
Polish Zloty PLN 4.2148 4.2833
Hungarian Forint HUF 317.70 322.90
Thai Baht THB 36.534 37.311
South Korean Won KRW 1,258.60 1,284.20
Brazilian Real BRL 4.4515 4.4515
Chinese Yuan Renminbi CNY 7.8683 7.8683
Indonesian Rupiah IDR 16,471.67 16,471.67
Israeli Shekel ILS 4.2006 4.2835
Mexican Peso MXN 22.4187 22.8738
Philippine Peso PHP 60.535 60.535
Turkish Lira TRY 5.786 6.086
Moroccan Dirham MAD 10.8931 10.8931
Kuwaiti Dinar KWD 0.3475 0.3475
Tunisian Dinar TND 3.3952 3.3952
Kazakhstani Tenge KZT 424.2031 424.2031
Egyptian Pound EGP 20.4684 20.4684
Iranian Rial IRR 47,999.70 47,999.70
Taiwan New Dollar TWD 35.1644 35.1644
Serbian Dinar RSD 118.24 118.24

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.