Source: www.officialgazette.gov.ph

[ PROCLAMATION NO. 151, October 15, 1949 ]

AMENDING PROCLAMATION NO. 134, DATED JULY 19, 1949, BY PUBLISHING THE LATEST VALUES OF CERTAIN FOREIGN CURRENCIES FOR PURPOSES OF THE ASSESSMENT AND COLLECTION OF CUSTOMS DUTIES.



Upon the recommendation of the Secretary of Finance and pursuant to the provisions of Republic Act No. 77, I hereby amend Proclamation No. 134, dated July 19, 1949, by publishing the latest values of certain foreign currencies for purposes of the assessment and collection of customs duties, as follows:

Country

Unit

Equivalent in U. S. currency

Value in P.I. currency

1. Australia

Pound

$2.24

?4.48

2. Belgium

Franc

.02

.04

3. Bolivia

Boliviano

.240

.0480

4. British East Africa

Shilling

.1406

.2812

5. Canada

Dollar

.909091

1.818182

6. Columbia

Peso

.5150

1.030

7. Denmark

Krone

.1448

.2896

8. Dutch Guiana

Guilder

.5335

1.0670

9. Egypt

Pound

2.87

5.74

10. Finland

Markkas

.00431

.00862

11. France

Franc

.0028

.0056

12. Greece

Drachmas

.00006

.00012

13. Hongkong

Dollar

.1750

.3500

14. India

Rupee

.21

.42

15. Mexico

Peso

.1158

.2316

16. Netherlands

Guilder

.5325

1.0650

17.Netherlands West Indies

Guilder

.5325

1.0650

18. New Zealand

Pound

2.80

5.60

19. Norway

Krone

.1400

.2800

20. Palestine

Pound Sterling

4.04

8.08

21. Poland

Zlot

.04

.08

22. Portugal

Escudo

.0348

.0696

23. Straits Settlement

Silver Dollar

.3250

.6500

24. Sweden

Kroner

.1930

.3860

25. Switzerland

Franc

.2340

.4680

26. Union of South Africa

Pound

2.80

5.60

27. United Kingdom

Pound Sterling

2.8025

5.6050

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

Done in the City of Manila, this 15th day of October, in the year of Our Lord, nineteen hundred and forty-nine, and of the Independence of the Philippines, the fourth.

ELPIDIO QUIRINO
President of the Philippines

By the President:

TEODORO EVANGELISTA
Executive Secretary

 


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