|
Country |
Average rate for year ended 31 Dec 23 |
Average rate for year ended 30 Jun 24 |
Nearest actual exchange rate 31 Dec 23 |
Nearest actual exchange rate 30 Jun 24 |
Currency |
|---|---|---|---|---|---|
|
Canada* |
n/a |
n/a |
n/a |
n/a |
Canadian dollar |
|
China |
4.7044 |
4.7374 |
4.8544 |
4.8143 |
Renminbi |
|
Europe |
0.6144 |
0.6061 |
0.6181 |
0.6196 |
Euro |
|
Hong Kong |
5.2013 |
5.1259 |
5.3448 |
5.1711 |
Hong Kong dollar |
|
India |
54.8696 |
54.4744 |
56.8800 |
55.2900 |
Indian Rupee |
|
Indonesia |
10122.2960 |
10267.8080 |
10572.0000 |
10863.0000 |
Rupiah |
|
Japan |
93.3232 |
97.7584 |
96.7700 |
106.6100 |
Yen |
|
Malaysia |
3.0297 |
3.0783 |
3.1416 |
3.1272 |
Malaysian ringgit |
|
Taiwan |
20.6955 |
20.8653 |
21.0000 |
21.5000 |
New Taiwan dollar |
|
New Zealand |
1.0821 |
1.0810 |
1.0768 |
1.0927 |
New Zealand dollar |
|
Philippines |
36.9584 |
37.0152 |
37.9300 |
38.8700 |
Peso |
|
Singapore |
0.8922 |
0.8839 |
0.9014 |
0.8997 |
Singapore dollar |
|
South Korea |
867.5052 |
874.1556 |
881.0600 |
913.4400 |
South Korean won |
|
Switzerland* |
n/a |
n/a |
n/a |
n/a |
Swiss franc |
|
Thailand |
23.1159 |
23.4596 |
23.3500 |
24.4200 |
Baht |
|
UK |
0.5345 |
0.5206 |
0.5366 |
0.5244 |
Pound sterling |
|
USA |
0.6644 |
0.6556 |
0.6840 |
0.6624 |
US dollar |
|
Vietnam |
15831.9320 |
16093.6920 |
16604.0000 |
16855.0000 |
Dong |
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 don't 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 can't obtain an average rate (or rates) of exchange from an associate, or from yourself, unless otherwise notified by us.
Foreign exchange rates have not been reported by the Reserve Bank of Australia for the Swiss franc from 21 December 2023. In its place, the Canadian dollar has been reported since that date. For this reason, neither of these currencies are reported in the table for the 2023–2024 financial year.