Any amount in foreign currency used in determining the customs value must be converted into Euro. The exchange rates, notified by the Director of Customs and Excise must be used for the conversion.
This notification is published on the penultimate Wednesday of each month and it is valid for the whole of the following month. It is made available to all Custom Houses, Chambers of Commerce, the Association of Customs Clearing Agents and to other interested parties and is published in the Department’s website in PDF. If you wish to see the exchange rates of a specific month, double click the year and the name of the month in the list down below.
Generally, monthly rates can also be extracted from the following page of TARIC website of Customs and Excise Department:
TARIC – Calculation of Duties – Query Exchange Rates- SEARCH.
http://tariff-test-ext.customs.mof.gov.cy/arctictariff-public-web/#!/home