PROCLAMATION NO. 265

: The main purpose is to publish the official value of the Argentina peso for the assessment and collection of duty in the Philippines.
: The value of the Argentina peso was fixed at ₱0.40 Philippine currency.
: The equivalent value is $0.20 United States currency.
: The recommendation was made by the Undersecretary of Finance.
: Fixing the value establishes a standardized exchange rate used for calculating customs duties on imports and exports involving the Argentina peso.
: Elpidio Quirino signed as the President of the Philippines.
: It was signed and published on July 13, 1951.
: Marciano Roque was the Acting Assistant Executive Secretary who acknowledged the proclamation.
: It establishes the exchange rate equivalency between the Argentina peso and the US dollar, which is used as a reference for valuation purposes in customs duty assessment.