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Source: www.officialgazette.gov.ph
[ 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 30 th 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