Country |
Average rate for year ended 31 Dec 22 |
Average rate for year ended 30 Jun 23 |
Nearest actual exchange rate 31 Dec 22 |
Nearest actual exchange rate 30 Jun 23 |
Currency |
|---|---|---|---|---|---|
Canada |
0.9029 |
n/a |
0.9123 |
n/a |
Canadian dollar |
China |
4.6704 |
4.6826 |
4.7141 |
4.8079 |
Renminbi |
Europe |
0.6600 |
0.6439 |
0.6359 |
0.6099 |
Euro |
Hong Kong |
5.4398 |
5.2775 |
5.2829 |
5.1951 |
Hong Kong dollar |
India |
54.5406 |
54.9312 |
56.0600 |
54.4000 |
Indian Rupee |
Indonesia |
10309.0080 |
10201.7240 |
10555.0000 |
9,940.0000 |
Rupiah |
Japan |
91.1228 |
92.4880 |
89.8800 |
95.9200 |
Yen |
Malaysia |
3.0535 |
3.0252 |
2.9898 |
3.1022 |
Malaysian ringgit |
Taiwan |
20.6741 |
20.6747 |
20.8600 |
20.6300 |
New Taiwan dollar |
New Zealand |
1.0937 |
1.0928 |
1.0711 |
1.0883 |
New Zealand dollar |
Philippines |
n/a |
n/a |
37.7600 |
36.6700 |
Peso |
Singapore |
0.9575 |
0.9187 |
0.9102 |
0.8986 |
Singapore dollar |
South Korea |
895.8714 |
890.2842 |
857.3800 |
874.2100 |
South Korean won |
Switzerland |
0.6631 |
0.6322 |
0.6256 |
0.5957 |
Swiss franc |
Thailand |
24.3298 |
23.7675 |
23.4000 |
23.6200 |
Baht |
UK |
0.5626 |
0.5597 |
0.5625 |
0.5250 |
Pound sterling |
USA |
0.6947 |
0.6734 |
0.6775 |
0.6630 |
US dollar |
Vietnam |
16249.6948 |
15961.9320 |
15972.0000 |
15,636.0000 |
Dong |
Notes:
From 1 January 2020, we have used the exchange rates from the Reserve Bank of AustraliaExternal Link. In previous years we have used exchange rates sourced from the Commonwealth Bank of AustraliaExternal Link.
The Reserve Bank of Australia and the Commonwealth Bank publish rates for different countries.
If we do not publish a rate for the country or year you need, you can use an appropriate exchange rate provided by:
- a banking institution operating in Australia including, where relevant, the banking institution through which your foreign income is received
- another reliable external source.
Keep the rate used and the source of rates with your records. Be mindful that you cannot obtain an average rate (or rates) of exchange from an associate, or from yourself, unless otherwise notified by us.
See the foreign exchange listed by country for the financial year ending 30 June 2023.