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 October 2022

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 01.10.2022 - 31.10.2022, 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 = 0.9906 USD).

Currency conversion rates in October 2022 (xls)

Currency Currency code Currency rate
US dollar USD 0.9906
Japanese yen JPY 142.66
UK pound sterling GBP 0.87335
Swedish krona SEK 10.9214
Norwegian krone NOK 10.2858
Danish krone DKK 7.4364
Swiss franc CHF 0.9549
Canadian dollar CAD 1.3262
Hong Kong dollar HKD 7.7761
Australian dollar AUD 1.4851
New Zealand dollar NZD 1.6844
South African Rand ZAR 17.4879
Saudi riyal SAR 3.73
United Arab Emirates dirham AED 3.5402
Singapore dollar SGD 1.4006
Malaysian ringgit MYR 4.5097
Indian rupee INR 79.1555
Russian rouble RUB 117.201
Czech koruna CZK 24.637
Polish zloty PLN 4.7505
Hungarian forint HUF 405.10
Thai baht THB 36.786
Korean won (Republic) KRW 1,381.38
Brazilian real BRL 5.0924
Chinese yuan renminbi CNY 6.9821
Indonesian rupiah IDR 14,866.28
Israeli shekel ILS 3.4298
Mexican peso MXN 19.7847
Philippine peso PHP 57.285
Turkish lira TRY 18.149
Moroccan dirham MAD 10.62
Kuwait dinar KWD 0.31
Tunisian dinar TND 3.19
Kazakstan tenge KZT 475.46
Egyptian pound EGP 19.29
Iranian rial IRR 41,614.65
New Taiwan dollar TWD 31.11
Serbian dinar RSD 117.26
Icelandic krona ISK 140.30
Bulgarian lev BGN 1.9558
Croatian kuna HRK 7.5205
Romanian leu RON 4.9443
SDR - Special Drawing Right XDR 0.76787
Afghanistan afghanis AFN 87.19
Albanian lek ALL 116.69
Armenian Dram AMD 411.90
Azerbaijan Manat AZN 1.68
Bosnian Convertible Mark BAM 1.96
Bangladesh taka BDT 102.60
Belarussian ruble BYN 2.48
Congolese Franc CDF 1,990.57
Chilean peso CLP 931.52
Ghana cedi GHS 10.01
Gibraltar Pound GIP 0.87
Iraqi Dinar IQD 1,447.60
Moldovan Leu MDL 19.14
Macedonian denar MKD 61.61
Nigerian Naira NGN 425.93
Pakistan rupee PKR 235.96
Qatari riyal QAR 3.62
Ukraine hryvnia UAH 36.38
Vietnamese dong VND 23,477.60

Points to consider