MALACAÑANG
Manila
BY THE PRESIDENT OF THE PHILIPPINES
Proclamation No. 151
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 |
1âwphi1
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
The Lawphil Project - Arellano Law Foundation
