MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ 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.1âшphi1
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
The Lawphil Project - Arellano Law Foundation
