ATB Chartered Accountants
Level 3, 2O Charles StParramatta NSW 2150
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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).
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
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