Foreign Exchange Rates

Yearly Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars

CountryCurrency202120202019201820172016
AfghanistanAfghani83.48476.65177.57973.59871.08670.645
AlgeriaDinar135.011126.741119.402117.409115.876114.431
ArgentinaPeso95.09870.63548.19228.16717.22715.359
AustraliaDollar1.3321.4521.4391.3401.3581.400
BahrainDinar0.3770.3770.3770.3950.3950.395
BrazilReal5.3955.1513.9463.6553.3223.632
CanadaDollar1.2541.3411.3271.2971.3501.379
Cayman IslandsDollar0.8330.8330.8330.8330.8840.886
ChinaYuan6.4526.9006.9106.6207.0306.910
DenmarkKrone6.2906.5386.6706.3196.8647.000
EgyptPound15.69715.81316.80917.80918.58610.462
Euro ZoneEuro0.8460.8770.8930.8480.9230.940
Hong KongDollar7.7737.7567.8357.8388.1058.073
HungaryForint303.292307.766290.707270.441285.583293.083
IcelandKrona126.986135.354122.571116.379111.231126.256
IndiaRupee73.93674.10270.39468.42267.80969.956
IraqDinar1460.1331197.4971191.2541193.4781241.6771236.453
IsraelNew Shekel3.2323.4383.5633.5963.7463.997
JapanYen109.817106.725109.008110.424116.667113.138
LebanonPound1519.2281510.6771510.2901511.6771593.9691593.639
MexicoPeso20.28421.46619.24619.22719.67919.435
MoroccoDirham8.9959.4959.6149.38910.23010.279
New ZealandDollar1.4151.5401.5181.4471.4651.494
NorwayKroner8.5989.4138.8028.1438.6068.745
QatarRial3.6443.6413.6413.6423.8503.791
RussiaRuble73.68672.29964.68762.84560.69269.685
Saudi ArabiaRiyal3.7513.7533.7513.7533.9033.903
SingaporeDollar1.3441.3791.3641.3491.4371.437
South AfricaRand14.78916.45814.44813.25813.85915.319
South KoreanWon1144.8831179.1991165.6971100.5871178.5851211.121
SwedenKrona8.5849.2059.4578.7038.8948.910
SwitzerlandFranc0.9140.9390.9940.9791.0241.025
TaiwanDollar27.93229.46030.89830.15231.68333.586
ThailandBaht31.99731.27131.03232.31735.37236.778
TunisiaDinar2.7782.8362.9252.712.5132.237
TurkeyNew Lira8.9047.0255.6854.8493.7943.146
United Arab EmiratesDirham3.6733.6733.6733.6733.8213.821
United KingdomPound0.7270.7790.7840.7500.8080.770
VenezuelaBolivar
(Fuerte)
2722.757236266.507248486.041131352.2110.4529.447

 

When valuing currency of a foreign country that uses multiple exchange rates, use the rate that applies to your specific facts and circumstances.

Note: The exchange rates referenced on this page do not apply when making payments of U.S. taxes to the IRS.  If the IRS receives U.S. tax payments in a foreign currency, the exchange rate used by the IRS to convert the foreign currency into U.S. dollars is based on the date the foreign currency is converted to U.S. dollars by the bank processing the payment, not the date the foreign currency payment is received by the IRS.