Averages are based on daily noon buying rates for cable transfers in New York City certified for customs purposes by the Federal Reserve Bank of New York. The list of spot rates is much shorter, usually only covering 15-20 countries. The table below shows the average rates of exchange in 2021 together with comparable figures for other years. The number of countries covered varies from year to year (for example the table of averages for 1984 contains rates for 80 countries compared to around 120 in 1996). Spot rates for the end of March and the end of December. View Yearly Average Currency Exchange Rates Internal Revenue Service.pdf from ECON MISC at Rutgers University, Newark. Exchange rates are available for 01 using the binders held by the ICAEW Library & Information Service.ġ974-1977: Averages for the year to the end of March and the end of December.ġ978-2001: Averages for the year to the end of March and the end of December. Simon’s Weekly Tax Intelligence reproduced the annual tables of foreign exchange rates issued by the Inland Revenue (indexed under Miscellaneous notes and news). The online version of Simon's Taxes still publishes exchange rates but only goes back to 2007/08. The averages for the year to 31st March and 31st December are given for 60 currencies from the Argentine peso to the Zimbabwe dollar. The tables are located in Binder 10 Part F 3.1 and start in 1981-82 continuing up to the most recent year end. Simon's Taxes gives a list of foreign exchange rates published annually by HMRC for converting amounts in foreign currency to sterling. Yearly averages and spot rates are given for the year to 31st March and 31st December, going back to December 2016.Īrchive HMRC exchange rates for 1989–2014 can be found at the HMRC page at the National Archives. Monthly rates are available from 2012 onwards. The data is based on daily figures published in the Financial Times. HMRC publish foreign exchange rates for over 120 countries and currency zones.
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