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 April 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 01.04.2019 - 30.04.2019, 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 = 1.1168 USD).

Currency conversion rates in April 2019 (xls)

Currency Currency code Currency rate Korjattu kurssi
US dollar USD 1.1168 1.1354
Japanese yen JPY 124.58 126.63
UK pound sterling GBP 0.8484 0.8628
Swedish krona SEK 10.263 10.431
Norwegian krone NOK 9.5366 9.6915
Danish krone DKK 7.3431 7.4624
Swiss franc CHF 1.1156 1.1338
Canadian dollar CAD 1.4883 1.5125
Hong Kong dollar HKD 8.7669 8.9128
Australian dollar AUD 1.5746 1.5999
New Zealand dollar NZD 1.629 1.6567
South African Rand ZAR 15.9283 16.3783
Saudi riyal SAR 4.2608 4.2608
United Arab Emirates dirham AED 4.0859 4.0859
Singapore dollar SGD 1.5081 1.5335
Malaysian ringgit MYR 4.6109 4.6109
Indian rupee INR 76.618 78.136
Russian rouble RUB 70.604 73.004
Czech koruna CZK 25.234 25.646
Polish zloty PLN 4.2149 4.2834
Hungarian forint HUF 308.12 313.29
Thai baht THB 35.255 36.032
Korean won (Republic) KRW 1,256.33 1,281.96
Brazilian real BRL 4.3012 4.3012
Chinese yuan renminbi CNY 7.6014 7.6014
Indonesian rupiah IDR 16,082.94 16,082.94
Israeli shekel ILS 4.0145 4.0974
Mexican peso MXN 21.0617 21.5168
Philippine peso PHP 60.042 60.042
Turkish lira TRY 5.9152 6.2152
Moroccan dirham MAD 10.8976 10.8976
Kuwait dinar KWD 0.3448 0.3448
Tunisian dinar TND 3.4058 3.4058
Kazakstan tenge KZT 429.7943 429.7943
Egyptian pound EGP 19.6394 19.6394
Iranian rial IRR 47,706.96 47,706.96
New Taiwan dollar TWD 34.9987 34.9987
Serbian dinar RSD 118.09 118.09

Points to consider