Rates of exchange

Each month HM Revenue & Customs issues the exchange rates to be used when converting foreign currency to Pound Sterling for the payment of any Duties and Taxes.

January 2022

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.7066
IndiaINRupee INR100.7447
JapanJPYen JPY150.4381
NorwayNONorwegian Krone NOK12.035
SingaporeSGDollar SGD1.8095
ThailandTHBaht THB44.1594
USAUSDollar USD1.3215
EurozoneEUEuro EUR1.1745
TurkeyTRTurkish Lira TRY19.5196

December 2021

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.6958
IndiaINRupee INR100
JapanJPYen JPY154.22
NorwayNONorwegian Krone NOK11.76
SingaporeSGDollar SGD1.8282
ThailandTHBaht THB44.03
USAUSDollar USD1.3465
EurozoneEUEuro EUR1.1907
TurkeyTRTurkish Lira TRY14.28

November 2021

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.7019
IndiaINRupee INR103.44
JapanJPYen JPY157.92
NorwayNONorwegian Krone NOK11.54
SingaporeSGDollar SGD1.8557
ThailandTHBaht THB46.0662
USAUSDollar USD1.3815
EurozoneEUEuro EUR1.1861
TurkeyTRTurkish Lira TRY12.77

October 2021

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.7401
IndiaINRupee INR100.8
JapanJPYen JPY149.59
NorwayNONorwegian Krone NOK11.76
SingaporeSGDollar SGD1.8437
ThailandTHBaht THB45.64
USAUSDollar USD1.3646
EurozoneEUEuro EUR1.163
TurkeyTRTurkish Lira TRY11.79

Monthly Industrial Euro Rate:

These industrial euro conversion rates are for calculating duty, not converting the cost amount of importing into sterling.

The conversion should be used when consulting the tariff and when the duty rates are expressed in euros. This is different to the monthly exchange rates which are used for converting the amounts associated with costs of importing to sterling, such as the item price or freight costs.

Effective date Multiply euros Divide euros
1 January 2020 0.85130 1.17467403
1 February 2020 0.84580 1.18231260
1 March 2020 0.84995 1.17653980
1 April 2020 0.89743 1.11429304
1 May 2020 0.87078 1.14839569
1 June 2020 0.90088 1.11002575
July 2020 0.90575 1.10405741
1 August 2020 0.90385 1.10637827
1 September 2020 0.89468 1.11771807
1 October 2020 0.90963 1.09934809
1 November 2020 0.90430 1.10582771
1 December 2020 0.89442 1.11804298
Effective date Multiply euros Divide euros
1 January 2019 0.90273 1.10775093
1 February 2019 0.86735 1.15293711
1 March 2019 0.86055 1.16204753
1 April 2019 0.85555 1.16883876
1 May 2019 0.86435 1.15693874
1 June 2019 0.88373 1.13156733
1 July 2019 0.89485 1.11750573
1 August 2019 0.90443 1.10566876
1 September 2019 0.90531 1.10459401
1 October 2019 0.88778 1.12640519
1 November 2019 0.86328 1.15837272
1 December 2019 0.85180 1.17398450

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