Amending Proclamation No. 134, Dated July 19, 1949, as Amended By Proclamation No. 151, Dated October 15, 1949, Proclamation No. 199, Dated August 4, 1950, and Proclamation No. 304, Dated January 29, 1952, By Publishing the Latest Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties
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Amending Proclamation No. 134, Dated July 19, 1949, as Amended By Proclamation No. 151, Dated October 15, 1949, Proclamation No. 199, Dated August 4, 1950, and Proclamation No. 304, Dated January 29, 1952, By Publishing the Latest Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties
Proclamation No. 305
March 11, 1952
Case Overview and Summary
Amending Proclamation No. 134 and other related proclamations- Publishes the latest values of certain foreign currencies for purposes of assessment and collection of customs duties
- The values are as follows:
- Colombia: 1 Peso = $0.513 = ₱1.026
- Hongkong: 1 Dollar = $0.174 = ₱0.348
- Nicaragua: 1 Cordoba = $0.200 = ₱0.400
- Panama: 1 Balboa = $1.000 = ₱2.000
- Poland: 1 Zloty = $0.250 = ₱0.500
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Tags
Executive Issuances
Proclamations
customs duties
foreign currencies
currency values
Colombia Peso
Hongkong Dollar
Nicaragua Cordoba
Panama Balboa
Poland Zloty
Proclamation No. 134
Proclamation No. 151
Proclamation No. 199
Proclamation No. 304
Republic Act No. 77
Law
Amending Proclamation No. 134, Dated July 19, 1949, as Amended By Proclamation No. 151, Dated October 15, 1949, Proclamation No. 199, Dated August 4, 1950, and Proclamation No. 304, Dated January 29, 1952, By Publishing the Latest Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties
Proclamation No. 305
•March 11, 1952
MALACAÑANGManila
BY THE PRESIDENT OF THE PHILIPPINES
Proclamation No. 305
AMENDING PROCLAMATION NO. 134, DATED JULY 19, 1949, AS AMENDED BY PROCLAMATION NO. 151, DATED OCTOBER 15, 1949, PROCLAMATION NO. 199, DATED AUGUST 4, 1950, AND PROCLAMATION NO. 304, DATED JANUARY 29, 1952, BY PUBLISHING THE LATEST VALUES OF CERTAIN FOREIGN CURRENCIES FOR PURPOSES OF THE ASSESSMENT AND COLLECTION OF CUSTOMS DUTIES.
Pursuant to the authority vested in me by Republic Act No. 77 and upon the recommendation of the Secretary of Finance, I hereby amend Proclamation No. 134, dated July 19, 1949, as amended by Proclamation No; 151, dated October 15, 1949, Proclamation No. 199, dated August 4, 1950, and Proclamation No. 304, dated January 29, 1952, 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
Equivalent in Philippine currency
1. Colombia
Peso
$0.513
₱1.026
2. Hongkong
Dollar
.174
.348
3. Nicaragua
Cordoba
.200
.400
4. Panama
Balboa
1.000
2.000
5. Poland
Zloty
.250
.500
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