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Using these rates

Explains the rates source and what to do if the rates are not available.

Last updated 22 May 2024

Source

From 1 January 2020, we have used the exchange rates from the Reserve Bank of Australia.

South Africa included before 2021

As the Reserve Bank of Australia doesn't publish rates for South Africa, the 2021 financial year is unavailable.

Unpublished rates

If we do not publish a rate for the country or year you need, you can use an appropriate exchange rate provided by: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 and be mindful that you cannot obtain an average rate (or rates) of exchange from an associate, or from yourself, unless otherwise notified by us.

 

QC22585