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IRS exchange rates

IRS yearly average currency exchange rates

The IRS yearly average rates for converting foreign currency into U.S. dollars, with a simple converter. Rates are foreign currency units per U.S. dollar.

Convert to U.S. dollars

All rates

CountryCurrency20252024202320222021
AfghanistanAfghani69.63770.64982.63590.08483.484
AlgeriaDinar131.627134.124135.933142.123135.011
ArgentinaPeso1243.37915.161296.154130.79295.098
AustraliaDollar1.5511.5161.5061.4421.332
BahrainDinar0.3770.3770.3770.3770.377
BrazilReal5.5935.3924.9945.1655.395
CanadaDollar1.3981.371.351.3011.254
Cayman IslandsDollar0.8210.8330.8330.8330.833
ChinaYuan7.1297.1897.0756.736.452
DenmarkKrone6.6176.8966.897.0776.29
EgyptPound49.23345.34530.65119.20815.697
Euro ZoneEuro0.8869240.9240.9510.846
Hong KongDollar7.7967.8037.8297.8317.773
HungaryForint352.869365.603353.02372.775303.292
IcelandKrona128.262137.958137.857135.296126.986
IndiaRupee87.13383.67782.57278.59873.936
IraqDinar1309.751309.741376.531459.511460.13
IsraelNew Shekel3.4513.7013.6873.3613.232
JapanYen149.632151.353140.511131.454109.817
LebanonPound89568.578958.6137311515.671519.23
MexicoPeso19.21218.3317.73320.1120.284
MoroccoDirham9.3449.93710.13410.2758.995
New ZealandDollar1.7191.6541.631.5781.415
NorwayKroner10.39210.75610.5649.6198.598
QatarRial3.6433.6433.6433.6443.644
RussiaRuble83.75592.83785.50969.89673.686
Saudi ArabiaRiyal3.7513.7523.7523.7553.751
SingaporeDollar1.3071.3361.3431.3791.344
South AfricaRand17.88418.32618.45716.37714.789
South KoreanWon1421.781364.151306.691291.731144.88
SwedenKrona9.81310.57710.61310.1228.584
SwitzerlandFranc0.8310.8810.8990.9550.914
TaiwanDollar31.16732.11731.1629.81327.932
ThailandBaht32.8735.26734.80235.04431.997
TunisiaDinar2.9963.1113.1033.0822.778
TurkeyNew Lira39.54632.86723.82416.5728.904
United Arab EmiratesDirham3.6733.6733.6733.6733.673
United KingdomPound0.7590.7830.8040.8110.727
VenezuelaBolivar (Fuerte)1.30576e+163.83356e+122.86338e+126.66471e+112.32299e+11

Source: IRS yearly average currency exchange rates, copied on October 9, 2026. The IRS provides these rates for convenience; you may use another reasonable rate consistently.

Common questions

When should I use the IRS yearly average rate?

When you translate foreign income and expenses into U.S. dollars for your return and the income was earned or spent through the year (for example wages, rental income, interest and foreign taxes paid). You may also use the actual rate on the date of each transaction if you do so consistently.

Which rate do I use for the FBAR?

Use the Treasury Reporting Rate of Exchange for the last day of the calendar year, not the IRS yearly average. See our Treasury rates page.

What are the numbers in the table?

Units of the foreign currency per one U.S. dollar. To convert a foreign amount to dollars, divide by the rate.

Is a currency missing?

The IRS publishes yearly averages for a limited list of currencies. For others, use a reasonable and consistently applied source such as the Treasury rates.

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Did you know?
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