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Source: www.officialgazette.gov.ph

[ PROCLAMATION NO. 12, October 30, 1946 ]

PUBLISHING THE VALUES OF CERTAIN FOREIGN CURRENCIES FOR THE PURPOSE OF THE ASSESSMENT AND COLLECTION OF DUTY.



Pursuant to the authority vested in me by Republic Act No. 77 and upon recommendation of the Undersecretary of Finance, the values of certain foreign currencies are hereby published, for the purposes of said Republic Act No. 77, as follows:

Country

Unit

Value in Philippine currency

Equivalent in U.S. currency

Argentina

Peso

P

0.595466

$

0.297733

Australia

Pound

6.426226

3.213113

Belgium

Franc

.045608

.022804

Brazil

Cruzeiro

108106

054053

Canada

Dollar

2.000000

1.000000

Colombia

Peso

1.140132

.570066

Czechoslovakia

Koruna

040120

.020060

Denmark

Krone

417530

.208765

England

Pound Sterling

8.065156

4.032578

France

Franc

.016818

.008409

India (British)

Rupee

.603134

.301567

Italy

Lira

.008868

.004434

Mexico

Peso

.411506

.205753

Netherlands

Guilder

.755786

.377893

Newfoundland

Dollar

2.000000

1.000000

New Zealand

Pound

6.452000

3.226000

Norway

Krone

.403224

.201612

Portugal

Escudo

.081002

.040501

Spain

Peseta

.182648

.091324

Sweden

Krona

.556428

.278214

Switzerland

Franc

.467258

.233629

Union of South Africa

Pound

8.01000

4.005000

Uruguay

Peso

1.316600

.658300

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Done at the City of Manila, Philippines, this 30th day of October , in the year of Our Lord, nineteen hundred and forty-six, and of the Independence of the Philippines, the first.

(Sgd.) MANUEL ROXAS

President of the Philippines

By the President:

(Sgd.) EMILIO ABELLO

Chief of the Executive Office

 

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