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Date: 07-03-2024
Notification No: Notification No. 18/2024 - Customs (N.T.)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No: [F.No. 468/01/2024-Cus.V]
Subject: Exchange Rate Notification No. 18/2024-Cus (NT) dated 07.03.2024-reg

Notification No. 18/2024 - Customs (N.T.)
New Delhi, dated the 7th March, 2024
17 Phalguna 1945 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of
1962), and in supersession of the Notification No. 13/2024-Customs(N.T.), dated 15th

February, 2024
except as respects things done or omitted to be done before such supersession,
the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of
conversion of each of the foreign currencies specified in column (2) of each of Schedule I
and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 8th
March, 2024, be the rate mentioned against it in the corresponding entry in column (3) thereof,
for the purpose of the said section, relating to imported and export goods.


Foreign Currency Rate of exchange of one unit of foreign currency
equivalent to Indian rupees
(1) (2) (3)
    (a) (b)
    (For Imported Goods) (For Export Goods)
1 Australian Dollar 55.70 53.30
2 Bahraini Dinar 228.45 211.85
3 Canadian Dollar
62.30 60.35
4 Chinese Yuan 11.70 11.30
5 Danish Kroner 12.30 11.95
6 EURO 91.90 88.75
7 Hong Kong Dollar 10.75 10.45
8 Kuwaiti Dinar 278.35 261.00
9 New Zealand Dollar 52.05 49.70
10 Norwegian Kroner 8.00 7.80
11 Pound Sterling 107.25 103.80
12 Qatari Riyal 23.50 22.05
13 Saudi Arabian Riyal 22.80 21.50
14 Singapore Dollar 62.95 60.95
15 South African Rand 4.55  4.25
16 Swedish Kroner 8.15 7.95
17 Swiss Franc 95.75 92.20
18 Turkish Lira 2.70 2.55
19 UAE Dirham 23.25 21.90
20 US Dollar 83.75 82.00


Foreign Currency Rate of exchange of 100 units of foreign currency
equivalent to Indian rupees
(1) (2) (3)
    (a) (b)
    (For Imported Goods) (For Export Goods)
1 Japanese Yen 56.60 54.85
2 Korean Won 6.40 6.05

  [F.No. 468/01/2024-Cus.V]
(Radhe Krishna)
Under Secretary to the Govt. of India


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