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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