Custom Exchange Rate Today [Latest Notification]

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If you are searching for the latest custom exchange rate.

Then you are on the right page!

Here you will get the current exchange rate of customs which is used for import/export.


Hello, friend Welcome to “Indiancustoms.info” Here I provided the current exchange rate of customs.

Customs update the exchange rate twice every month.

Whenever custom updates the exchange rate, we will also update the same here.

We also explained what is the exchange rate and how you can check the previous year’s exchange rate of customs.

If you want to know anything more about the exchange rate, you can ask in the comment box.

Also Read:- Faceless Assessment: Reality & Importance.

Current Exchange Rate of Customs

Current Custom Exchange Rate.

Customs divided the exchange rate into two schedules, Currently, in the First schedule 20 currencies are included.

In the second schedule, only 2 currencies are included, maybe in the future custom add more currencies.

Below I provided the latest custom exchange rate which is effective from 19th November 2021.

SCHEDULE-I

Sl. No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
  For Imported
Goods
For Exported Goods
1Australian Dollar55.2052.85
2Bahraini Dinar203.30190.85
3Canadian Dollar59.9057.75
4Chinese Yuan11.8011.45
5Danish Kroner11.5011.10
6EURO85.6082.55
7Hong Kong Dollar9.709.35
8Kuwaiti Dinar253.70237.55
9New Zealand Dollar53.5051.20
10Norwegian Kroner8.658.35
11Pound Sterling101.9098.45
12Qatari Riyal20.9519.65
13Saudi Arabian Riyal20.4519.20
14Singapore Dollar55.6553.80
15South African Rand4.954.65
16Swedish Kroner8.558.25
17Swiss Franc81.6578.40
18Turkish Lira7.056.60
19UAE Dirham20.8519.60
20US Dollar75.1073.40

SCHEDULE-II

Sl. No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
  For Imported
Goods
For Export Goods
1Japanese Yen66.2563.90
2Korean Won6.506.10

You can also check the current custom exchange rate notification on the official website by clicking the below button.

When you click on this button it will redirect you to the official customs exchange rate notification page of the Central Board of Indirect Taxes and Customs (CBIC).

Also Read:- ASEAN India Free Trade Agreement.

What Is Exchange Rate?

What Is Exchange Rate?

The exchange rate is the value of one country’s currency concerning the author’s currency.

99% of export-import shipments are done in foreign currency.

So, the Central Board of Indirect Taxes and Customs (CBIC) fixed a currency exchange rate for import-export Customs clearance.

Exchange rates are determined in the foreign exchange market.

The CBIC monitors the exchange rate changes and releases the updated exchange rate notification on a time to time basis.

How To Check Old Exchange Rates?

How To Check Old Exchange Rates?

Checking the old or previous year’s exchange rate is a very easy process.

To check the old exchange rate, you need to visit the notification page by clicking the above button.

There you can see an option of year.

Custom Exchange Rate Notification

By clicking on the year you can get a list of previous years.

You just need to select a year which year’s exchange rate you need.

And it will show you the whole notification of the exchange rate for the particular year.

I hope now you understand how to get custom exchange rate notification and how to check the old exchange rate of customs. Comment below if anyone has any suggestions or queries.

This Post Has 2 Comments

  1. Santu sahoo

    I am interested this course please provide me this opportunity

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