PROCLAMATION NO. 134, July 19, 1949

[ PROCLAMATION NO. 134, July 19, 1949 ]

REVOKING PROCLAMATION NOS. 12 AND 16, SERIES OF 1946, AND PUBLISHING THE 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 revoke Proclamation Nos. 12 and 16, series of 1946, and publish the values of certain foreign currencies for purposes of the assessment and collection of customs duties, as follows:

Country

Unit

Equipment Value in U. S. currency

Value in Philippine currency

1. Argentina

Peso

$0.207Y3

?.595466

2. Australia

Pound

3.2274

6.4550

3. Austria

Schilling

.038519

.197238

4. Belgium

Franc

.0228

.0456

5. Bolivia

Boliviano

.025

.050

6. Brazil

Cruzelro

.0553

.1100

7. Bulgaria

Lev

.0033472

.006944

8. Canada

Dollar

1.000000

2.000000

9. Ceylon

Rupee

.301166

.602332

10. Chile

Gold Peso

.051361

.102722

11. China

Yuan

.00005

.00010

12. Colombia

Peso

.559538

1.139276

13. Costa Rica

Colon

.176367

.352734

14. Cuba

Peso

1.000000

2.000000

15. Czechoslovakia

Koruna

.020060

.040120

16. Denmark

Krone

.2094

.4180

17. Dominican Republic

Peso

1.000000

2.000000

18. Ecuador

Sucre

.0740744

.148148

19. Egypt

Pound

4.15

8.30

20. El Salvador

Colones

.398995

.797990

21. Finland

Markkas

.09735

.01470

22. France

Franc

.094-571

.009342

23. Greece

Drachmas

.081992

.003984

24. Guatemala

Quetzales

.992556

1.985112

25. Honduras

Lempires

.049-320

.098040

26. Hongkong

Dollar

.2425

.4850

27. Hungary

Pengos

.084552

.169104

28. Iceland

Kronur

.153728

.307456

29. India

Rupee

.3024

.6048

30. Indo-China

Plaster

.143

.286

31. Iran

Rials

.03125

.06250

32. Iraq

Iraqi dinar

.495

.810

33. Ireland

Pound

4.0275

8.0550

34. Italy

Lira

.001788

.003576

35. Japan

Yen

.002778

.005556

36. Java

Guilder

.38

.76

37. Luxembourg

Franc

.022748

.045496

38. Mexico

Peso

.145138

.290276

39. Netherlands

Guilder

.3765

.7530

40. New Zealand

Pound

4.02

8.04

41. Nicaragua

Cordoba

.1»8413

.4040

42. Norway

Krone

.2320

.396826

43. Pakistan

Rupee

.3333

.6060

44. Panama

Gold Balboa

.014144

.028288

45. Paraguay

Peso

.320513

.641026

46. Peru

Soles

0.1550

.3100

47. Poland

Zloty

009804

.019608

48. Portugal

Escudo

0404

0808

49. Rumania

Lei

006667

013334

50. Spain

Peseta

0915

1830

51. Straits Settlement

Silver-Dollar

4734

9468

52. Sweden

Kronor

2785

5570

53. Switzerland

Rupee

2532

5064

54. Syria and Lebanon

Pound

453515

907030

55. Thailand

Tical

1021

2042

56. Turkey

Piastre

3575

7150

57. Union of South Africa

Pound

4.03125

8.06250

58. United Kingdom

Pound Stering

4.030625

8.O61250

59. Uruguay

Peso

658300

1.316600

60. Venezuela

Bolivar

3010

.6020

61. Yugoslavia

Dinar

02

04

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 19th day of July, 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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