Proclamation No. 12 (1946)
Publishing the Values of Certain Foreign Currencies for the Purpose of the Assessment and Collection of Duty.
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.
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