Exchange Rate Determination sets foreign currency conversion rates for customs valuation, governing conversion for imports and exports. Determines official foreign currency conversion rates for customs valuation, specifying separate rupee equivalents for imported and exported goods as set out in two annexed schedules: Schedule I (per unit) and Schedule II (per 100 units). The Notification supersedes the prior notification and applies the listed rates for conversion between the specified foreign currencies and Indian rupees for customs purposes from the stated effective date.