Currency conversion rates 2017–2022

Currency conversion rates in August 2021

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 01.08.2021 - 31.08.2021, 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 = 1.1772 USD).

Currency conversion rates in August 2021 (xls)

Currency Currency code Currency rate
US dollar USD 1.1772
Japanese yen JPY 129.63
UK pound sterling GBP 0.86363
Swedish krona SEK 10.2448
Norwegian krone NOK 10.5808
Danish krone DKK 7.4385
Swiss franc CHF 1.0848
Canadian dollar CAD 1.4932
Hong Kong dollar HKD 9.1518
Australian dollar AUD 1.6089
New Zealand dollar NZD 1.7004
South African Rand ZAR 17.2811
Saudi riyal SAR 4.4208
United Arab Emirates dirham AED 4.2254
Singapore dollar SGD 1.6104
Malaysian ringgit MYR 4.9825
Indian rupee INR 87.7895
Russian rouble RUB 87.5209
Czech koruna CZK 25.695
Polish zloty PLN 4.5987
Hungarian forint HUF 360.20
Thai baht THB 38.695
Korean won (Republic) KRW 1,359.56
Brazilian real BRL 6.1732
Chinese yuan renminbi CNY 7.6201
Indonesian rupiah IDR 17,119.80
Israeli shekel ILS 3.8755
Mexican peso MXN 23.774
Philippine peso PHP 59.396
Turkish lira TRY 10.1063
Moroccan dirham MAD 10.5651
Kuwait dinar KWD 0.3544
Tunisian dinar TND 3.2814
Kazakstan tenge KZT 504.1457
Egyptian pound EGP 18.4667
Iranian rial IRR 49,495.95
New Taiwan dollar TWD 33.0303
Serbian dinar RSD 117.605
Icelandic krona ISK 148.00
Bulgarian lev BGN 1.9558
Croatian kuna HRK 7.5276
Romanian leu RON 4.9255
SDR - Special Drawing Right XDR 0.82893
Afghanistan afghanis AFN 93.5827
Albanian lek ALL 122.3257
Armenian Dram AMD 574.6833
Azerbaijan Manat AZN 2.0022
Bosnian Convertible Mark BAM 1.9638
Bangladesh taka BDT 99.9288
Belarussian ruble BYN 2.9753
Congolese Franc CDF 2,336.9513
Chilean peso CLP 891.0803
Ghana cedi GHS 7.006
Gibraltar Pound GIP 0.8654
Iraqi Dinar IQD 1,719.395
Moldovan Leu MDL 21.1854
Macedonian denar MKD 61.5989
Nigerian Naira NGN 484.9425
Pakistan rupee PKR 189.5577
Qatari riyal QAR 4.2908
Ukraine hryvnia UAH 32.1014
Vietnamese dong VND 27,133.2084

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.