August exchange rates

Posted on September 4, 2015 by ATB Chartered Accountants

The ATO has released the average foreign exchange rates for the month of August 2015 for converting foreign income into Australian dollars.

The rates for selected countries and Europe are reproduced below (foreign currency equivalent to $1).

AUGUST 2015 RATES
Country Average
Canada 0.9953
Denmark 5.0707
Europe (Euro) 0.6874
Fiji 1.6059
Hong Kong 5.8823
India 48.4263
Japan 93.6681
New Zealand 1.1453
Philippines 35.4468
Singapore 1.0669
South Africa 9.763
Thailand 26.51
UK 0.4977
USA 0.7758

Source: ATO Website