1/- ()OIV o - customs.gov.phcustoms.gov.ph/wp-content/uploads/2018/01/cmc-11-2018_ExchangeR… ·...

t'V'1!P·\STER C'OPY

REPUBLIC OF TIIE PHILIPPINESDEPARTMENT OF FINANCE

BUREAU OF CUSTOMSMANll.,A

January 17,2018

CUSTOMS MEMORANDUM CIRCULARNo. 1/- ()OIVoTo: All Collectors of Customs

Importers, Customs Brokers, Brokers'Representatives and All Others Concerned

In line with Customs Memorandum Order No. 15 - 2016, the Exchange Ratebelow duly issued by the Bangko Sentral ng Pilipinas on January 17, 2018 shall be theapplicable Rate of Exchange for the week January 18,2018 - January 24, 2018 for boththe regular consumption entries (formal and informal), warehouse entries as well aswithdrawal entries for shipments entered under warehousing.

I COUNTRY UNITPIllL.PESOEQUIVALENT

I. CONVERTIBLE CURRENCIES WITH BANGKO SENTRAL:

~DSTATES DOLLARJAPAN YENUNITED KINGDOM POUNDHONG KONG DOLLARSWITZERLAND FRANCCANADA DOLLARSINGAPORE DOLLARAUSTRALIA DOLLARBAHRAIN DINARKUWAIT DINARSAUDI ARABIA RIALBRUNEI DOLLARINDONESIA RUPIAHTHAll.-AND BAHTUNITED ARAB EMIRATES DIRHAMCHINA YUANKOREA WONEUROPEAN MONETARY UNION EURO

50.45400.4571

69.61146.4497

52.611140.580738.202540.1614

133.9084N/A

13.454438.0584

0.00381.5792

13.73947.83820.0474

61.8919

Mfi..STER COpy

~

Iu, OTHERS (NOT CONVERTmLE WITH BSFI)

ARGENTINABRAZll.DENMARKINDIAMALAYSIAMEXICONEW ZEALANDNORWAYPAKISTANSOUfHAFRICASWEDENSYRIATAIWANVENEZUELA

PESOREALKRONERRUPEERINGGITNEW PESODOLLARKRONERRUPEERANDKRONERPOUNDNTDOLLARBOLNAR

2.674115.6481

8.31000.7882

12.76022.6866

36.68016.41150.45934.11016.27920.09801.70665.0581

It shall be understood that the foreign currencies shall be converted directly intothe Philippine Pesos rather than the old practice of converting first into U.S. Dollar.

All issuances inconsistent with this Order are hereby revoked.

This Order shall take effect January 18, 2018

GL SF. ROSALES ~Depu CommissionerInternal Administration Group