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.

October 2020

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.7055
IndiaINRupee INR93.9
JapanJPYen JPY134.37
NorwayNONorwegian Krone NOK12.04
SingaporeSGDollar SGD1.7496
ThailandTHBaht THB40.16
USAUSDollar USD1.2763
EurozoneEUEuro EUR1.0933
TurkeyTRTurkish Lira TRY9.8378

September 2020

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.7352
IndiaINRupee INR98.65
JapanJPYen JPY139.28
NorwayNONorwegian Krone NOK11.66
SingaporeSGDollar SGD1.8006
ThailandTHBaht THB41.16
USAUSDollar USD1.3184
EurozoneEUEuro EUR1.1078
TurkeyTRTurkish Lira TRY9.55

August 2020

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.7098
IndiaINRupee INR95.17
JapanJPYen JPY136.46
NorwayNONorwegian Krone NOK11.61
SingaporeSGDollar SGD1.7617
ThailandTHBaht THB40.28
USAUSDollar USD1.2732
EurozoneEUEuro EUR1.0982
TurkeyTRTurkish Lira TRY8.7179

July 2020

Country NameCountry CodeCurrency NameCurrency CodeRate of Exchange
CanadaCADollarCAD1.6997
IndiaINRupee INR95.5
JapanJPYen JPY134.48
NorwayNONorwegian Krone NOK11.94
SingaporeSGDollar SGD1.747
ThailandTHBaht THB39.16
USAUSDollar USD1.254
EurozoneEUEuro EUR1.1174
TurkeyTRTurkish Lira TRY8.5993

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
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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