CPA firm serving Aurora, Naperville & Chicagoland, Illinois, and clients nationwide Mon-Fri 9-5, by appointmentClient portal →
Prem Tax & AccountingCPA · Aurora & Naperville, IL
Client portalBook a call
Treasury exchange rates

U.S. Treasury quarterly exchange rates

Pick any quarter to see the Treasury Reporting Rates of Exchange for every currency, search by country and convert an amount. Use the December 31 rate for your FBAR.

Choose a quarter

Convert an amount

Country - currencyUnits per U.S. $1U.S. $ per unit
Afghanistan - Afghani65.150.015349
Albania - Lek80.750.012384
Algeria - Dinar133.1260.007512
Angola - Kwanza9130.001095
Antigua & Barbuda - East Caribbean Dollar2.70.370370
Argentina - Peso15450.000647
Armenia - Dram3600.002778
Australia - Dollar1.4350.696864
Azerbaijan - Manat1.70.588235
Bahamas - Dollar11.000000
Bahrain - Dinar0.3772.652520
Bangladesh - Taka1240.008065
Barbados - Dollar2.020.495050
Belarus - New Ruble3.0290.330142
Belize - Dollar20.500000
Benin - Cfa Franc573.750.001743
Bermuda - Dollar11.000000
Bolivia - Boliviano11.960.083612
Bosnia - Marka1.7220.580720
Botswana - Pula13.8890.071999
Brazil - Real5.2050.192123
Brunei - Dollar1.2770.783085
Burkina Faso - Cfa Franc573.750.001743
Burundi - Franc34430.000290
Cambodia - Riel40510.000247
Cameroon - Cfa Franc577.720.001731
Canada - Dollar1.4180.705219
Cape Verde - Escudo97.110.010298
Cayman Islands - Dollar0.821.219512
Central African Republic - Cfa Franc577.720.001731
Chad - Cfa Franc577.720.001731
Chile - Peso973.270.001027
China - Renminbi6.7050.149142
Colombia - Peso33250.000301
Comoros - Franc433.40.002307
Congo - Cfa Franc577.720.001731
Costa Rica - Colon453.560.002205
Cote D'Ivoire - Cfa Franc573.750.001743
Cuba - Chavito11.000000
Cuba - Peso240.041667
Curacao - Caribbean Guilder0.8811.135074
Czech Republic - Koruna20.9810.047662
Democratic Republic Of Congo - Congolese Franc23030.000434
Denmark - Krone6.5830.151906
Djibouti - Franc1770.005650
Dominican Republic - Peso59.260.016875
Ecuador - Dolares11.000000
Egypt - Pound51.890.019272
El Salvador - Dollar11.000000
Equatorial Guinea - Cfa Franc577.720.001731
Eritrea - Nakfa150.066667
Eswatini - Lilangeni16.3930.061002
Ethiopia - Birr161.7250.006183
Euro Zone - Euro0.8811.135074
Fiji - Dollar2.2160.451264
Gabon - Cfa Franc577.720.001731
Gambia - Dalasi720.013889
Georgia - Lari2.5670.389560
Ghana - Cedi11.690.085543
Grenada - East Caribbean Dollar2.70.370370
Guatemala - Quetzal7.6350.130976
Guinea Bissau - Cfa Franc573.750.001743
Guinea - Franc87950.000114
Guyana - Dollar2150.004651
Haiti - Gourde130.4040.007668
Honduras - Lempira26.840.037258
Hong Kong - Dollar7.8460.127453
Hungary - Forint322.340.003102
Iceland - Krona120.330.008310
India - Rupee95.830.010435
Indonesia - Rupiah17865.70.000056
Iran - Rial1.3741e+060.000001
Iraq - Dinar1309.50.000764
Israel - Shekel3.0740.325309
Jamaica - Dollar1590.006289
Japan - Yen157.090.006366
Jordan - Dinar0.7081.412429
Kazakhstan - Tenge439.980.002273
Kenya - Shilling129.530.007720
Korea - Won1355.010.000738
Kuwait - Dinar0.3083.246753
Kyrgyzstan - Som87.4490.011435
Laos - Kip223360.000045
Lebanon - Pound895000.000011
Lesotho - Maloti16.3930.061002
Liberia - Dollar1710.005848
Libya - Dinar6.380.156740
Madagascar - Ariary43700.000229
Malawi - Kwacha17510.000571
Malaysia - Ringgit4.0740.245459
Maldives - Rufiyaa15.420.064851
Mali - Cfa Franc573.750.001743
Marshall Islands - U.S. Dollar11.000000
Mauritania - Ouguiya39.990.025006
Mauritius - Rupee47.610.021004
Mexico - Peso18.1340.055145
Micronesia - U.S. Dollar11.000000
Moldova - Leu17.610.056786
Mongolia - Tugrik35960.000278
Morocco - Dirham9.6680.103434
Mozambique - Metical63.250.015810
Myanmar - Kyat3669.50.000273
Namibia - Dollar16.3930.061002
Nepal - Rupee1.7710.564653
New Zealand - Dollar0.8811.135074
Nicaragua - Cordoba36.60.027322
Niger - Cfa Franc573.750.001743
Nigeria - Naira1326.780.000754
Norway - Krone9.590.104275
Oman - Rial0.3852.597403
Pakistan - Rupee276.90.003611
Palau - Dollar11.000000
Panama - Dolares11.000000
Papua New Guinea - Kina4.4440.225023
Paraguay - Guarani5837.370.000171
Peru - Sol3.440.290698
Philippines - Peso62.6580.015960
Poland - Zloty3.8460.260010
Qatar - Riyal3.640.274725
Republic Of North Macedonia - Denar54.050.018501
Romania - New Leu4.6480.215146
Russia - Ruble83.0410.012042
Rwanda - Franc14500.000690
Sao Tome & Principe - New Dobras21.5760.046348
Saudi Arabia - Riyal3.750.266667
Senegal - Cfa Franc573.750.001743
Serbia - Dinar103.340.009677
Seychelles - Rupee13.7770.072585
Sierra Leone - Leone24.40.040984
Singapore - Dollar1.2770.783085
Solomon Islands - Dollar7.7580.128899
Somali - Shilling5680.001761
South Africa - Rand16.3930.061002
South Sudan - Sudanese Pound57000.000175
Sri Lanka - Rupee330.40.003027
St. Lucia - East Caribbean Dollar2.70.370370
Sudan - Pound42000.000238
Suriname - Dollar37.3880.026747
Sweden - Krona9.9830.100170
Switzerland - Franc0.8351.197605
Syria - Pound1220.008197
Taiwan - Dollar31.8640.031383
Tajikistan - Somoni9.160.109170
Tanzania - Shilling26400.000379
Thailand - Baht33.580.029780
Timor - Leste - Dili11.000000
Togo - Cfa Franc573.750.001743
Tonga - Pa'Anga2.3220.430663
Trinidad & Tobago - Dollar6.7430.148302
Tunisia - Dinar2.9740.336247
Turkey - New Lira49.0010.020408
Turkmenistan - New Manat3.4910.286451
Uganda - Shilling39150.000255
Ukraine - Hryvnia44.6650.022389
United Arab Emirates - Dirham3.6730.272257
United Kingdom - Pound0.7521.329787
Uruguay - Peso40.270.024832
Uzbekistan - Som118200.000085
Vanuatu - Vatu117.10.008540
Venezuela - Bolivar Soberano621.4650.001609
Vietnam - Dong259590.000039
Western Samoa - Tala2.6650.375235
Yemen - Rial5280.001894
Zambia - New Kwacha19.5350.051190
Zimbabwe - Gold25.3370.039468

Source: U.S. Treasury, Treasury Reporting Rates of Exchange, saved October 9, 2026. These rates are published for the quarter shown.

Common questions

What are the Treasury Reporting Rates of Exchange?

Rates the U.S. Treasury publishes each quarter (as of March 31, June 30, September 30 and December 31) for converting foreign currency to U.S. dollars. Federal agencies use them, and the FBAR instructions refer to them.

Which rate do I use for the FBAR?

Convert each account's maximum value using the Treasury rate for the last day of the calendar year. For 2025 that is the December 31, 2025 rate.

How do I read the table?

The first number is the amount of foreign currency per one U.S. dollar. To convert foreign currency to dollars, divide by it. The second number is the dollar value of one unit.

How often is this updated?

Each quarter. When you open the page, it also checks the Treasury for newer rates.

Let's talk about your taxes, your business, your plans.

Tell us what you need and we will get back to you quickly. There is no pressure: just a friendly conversation and a clear next step.

Book a 20-minute call Call us
Prem Tax and Accounting Corp
4260 Westbrook Dr, Suite 107
Aurora, IL 60504
Phone number (shown as a picture)Monday to Friday, 9:00 am to 5:00 pm, by appointment. Saturday and Sunday by appointment when needed.

Prefer a call back? Leave your number.

Did you know?
  • You can put up to $24,500 of your pay into a 401(k), 403(b) or TSP in 2026. At 50 or older you can add $8,000, and at ages 60 to 63 you can add $11,250 (up to $35,750 in all). IRS: 2026 retirement limits →
  • Work for yourself with no employees? A solo 401(k) lets you save $24,500 as the "employee" and add an employer contribution on top, for up to $72,000 in total before catch-up. A SEP-IRA has the same top limit. IRS: One-participant 401(k) plans →
  • A SEP-IRA can be opened and funded as late as your tax filing deadline, including extensions. That makes it one of the best last-minute ways for a self-employed person to lower the tax bill. IRS: SEP plans →
  • You can put $7,500 in an IRA for 2026, or $8,600 if you are 50 or older, and you have until the April 2027 filing deadline to do it. IRS: IRA contribution limits →
  • A SIMPLE IRA is an easy retirement plan for a small business. Employees can defer $17,000 in 2026, $21,000 at 50 or older, and $22,250 at ages 60 to 63. IRS: SIMPLE IRA plans →
  • An HSA is taxed in your favor three times: money goes in tax-free, grows tax-free and comes out tax-free for medical costs. The 2026 limit is $4,400 for self-only and $8,750 for family coverage, plus $1,000 if you are 55 or older. IRS: Publication 969 →
  • A defined benefit or cash balance plan can let a business owner with steady, high income put away far more than a 401(k) allows, especially after 50. The yearly benefit limit for 2026 is $290,000. IRS: Defined benefit plans →
  • New in 2026: if your Social Security wages from the employer that sponsors your 401(k) were over $150,000 in 2025, your catch-up contributions must go in as Roth (after-tax) money. IRS: 2026 retirement limits →
  • If your income is modest, the saver's credit can cut your tax bill by up to $1,000 ($2,000 for a couple) just for saving for retirement. For 2026 it reaches incomes up to $40,250 single and $80,500 joint. IRS: Saver's credit →
  • When you work for yourself you pay both halves of Social Security and Medicare tax: 15.3% on net earnings up to $184,500 in 2026, and 2.9% above that. Half of it is deductible on your return. IRS: Self-employment tax →
  • The qualified business income deduction can take up to 20% off the tax on pass-through business income. The 2025 law made it permanent and added a $400 minimum deduction if you have at least $1,000 of qualified income. IRS: QBI deduction →
  • Estimated taxes are due four times a year: April 15, June 15, September 15 and January 15. Paying 100% of last year's tax (110% if your income was over $150,000) usually protects you from the underpayment penalty. IRS: Estimated taxes →
  • The business mileage rate rose to 76 cents a mile on July 1, 2026 (it was 72.5 cents from January to June). A simple log of dates, miles and purpose is what turns miles into a deduction. IRS: Standard mileage rates →
  • Tips, overtime and car loan interest can now be deducted even if you do not itemize. The tips deduction is up to $25,000, overtime up to $12,500 ($25,000 joint), and car loan interest up to $10,000. IRS: New deductions →
  • Work from home regularly and exclusively for your business? The simplified home office deduction is $5 per square foot, up to 300 square feet, which is up to $1,500. IRS: Home office deduction →
  • If you are self-employed, the health insurance premiums you pay for yourself, your spouse and your dependents may be deductible even if you do not itemize, up to your net profit. IRS: Self-employed health insurance →
  • In 2026 a business can deduct up to $2,560,000 of equipment it buys and uses, in the year of purchase. And 100% bonus depreciation is now permanent for property acquired after January 19, 2025. IRS: Section 179 and bonus depreciation →
  • You only have to send a 1099-NEC or 1099-MISC to a contractor you paid $2,000 or more in 2026. It used to be $600. Still collect a W-9 from every contractor before the first payment. IRS: Information returns →
  • S corporation owners who work in the business must pay themselves a reasonable salary. Too low, and the IRS can recharacterize distributions as wages and charge payroll tax and penalties. IRS: S corporation compensation →
  • Illinois lets partnerships and S corporations elect to pay Illinois tax at the entity level. The owners can then get a federal deduction that works around the $40,400 cap on state and local taxes. Illinois tax guide →
  • Startup costs for a new business: up to $5,000 can be deducted in the first year and the rest over 15 years, so keep every receipt from before opening day. IRS: Publication 535 →
  • Business meals are generally 50% deductible when they are directly related to your business and you keep the receipt and a note of who attended and why. IRS: Publication 463 →
  • Good news for U.S. companies: since August 14, 2026 they no longer have to file beneficial ownership reports with FinCEN. Only foreign companies registered to do business in the U.S. still report. FinCEN: BOI reporting →
  • Pay your child a reasonable wage for real work in your sole proprietorship and the wages can be a business deduction. Under 18, no Social Security or Medicare tax is withheld, and their standard deduction can shelter the wages from income tax. IRS: Family employees →
  • Payroll taxes you withhold belong to the government from the moment you take them out of a paycheck. If they go unpaid, the IRS can hold the owner personally liable for the full amount. IRS: Trust fund recovery penalty →
  • Late payroll tax deposits can bring penalties of up to 15%. Payroll taxes are due on a fixed schedule, and the penalty grows the longer a deposit is late. IRS: Failure to deposit penalty →
  • Hiring someone who works from another state usually means registering for that state's withholding and unemployment taxes before their first paycheck. We handle payroll in every state. Our payroll service →
  • Not filing costs ten times more than not paying: 5% of the unpaid tax per month (up to 25%) against 0.5% per month. If you cannot pay, still file on time. IRS: Failure to file penalty →
  • An extension to file is not an extension to pay. Pay what you expect to owe by the original due date to avoid penalties and interest. IRS: Extension to file →
  • You may qualify for IRS first-time penalty abatement if you filed and paid on time for the past three years. Ask before you pay a penalty. IRS: Penalty relief →
  • A Notice of Deficiency gives you 90 days (150 if you are outside the U.S.) to challenge the IRS in Tax Court before the tax is assessed. The date is on the letter and it cannot be extended. If you got an IRS letter →
  • You generally have three years from the date you filed to claim a refund. Old returns with missed deductions can still pay off. IRS: Amended returns and refunds →
  • The IRS generally has three years to audit a return, and six years if more than 25% of income was left off. Keep your records at least that long. IRS: How long to keep records →
  • Renting out your home for 14 days or fewer in a year? The rent is generally tax-free, and you do not even have to report it. IRS: Renting residential property →
  • You deduct the cost of a residential rental building over 27.5 years, even though it may be rising in value. Land is not depreciable. A cost segregation study can speed up the deductions. Real estate investors →
  • If you actively manage your rental, you may deduct up to $25,000 of rental losses against other income. The allowance shrinks to zero between $100,000 and $150,000 of income. IRS: Rental losses →
  • Selling your main home? You may exclude up to $250,000 of gain ($500,000 if married filing jointly) if you owned and lived in it for at least two of the last five years. IRS: Sale of your home →
  • If your foreign bank and financial accounts total more than $10,000 at any time in the year, you generally must file an FBAR. It is due April 15, with an automatic extension to October 15. An honest mistake can still cost more than $16,000 per late report. Foreign accounts and FBAR →
  • Received a large gift or inheritance from abroad? Gifts over $100,000 from a foreign individual in a year generally must be reported on Form 3520, even though they are not taxable. The late-filing penalty starts at 5% a month. IRS: Form 3520 →
  • Form 8938 and the FBAR are not the same thing. They have different thresholds, are filed in different places and some people must file both. Foreign accounts and FBAR →
  • U.S. citizens and green card holders owe U.S. tax on income from anywhere in the world, wherever they live. The foreign tax credit and the foreign earned income exclusion ($132,900 in 2026) help avoid paying twice. IRS: Foreign earned income exclusion →
  • Many mutual funds sold outside the U.S. (including in India) are treated as passive foreign investment companies. They need an extra form every year, and the tax rules can be harsh. International families →
  • The 2026 standard deduction is $16,100 for single filers, $32,200 for married filing jointly and $24,150 for heads of household. Age 65 or older? There is an extra deduction, plus the new $6,000 senior deduction. IRS: 2026 inflation adjustments →
  • New in 2026: even if you take the standard deduction, you can deduct up to $1,000 of cash gifts to qualified charities ($2,000 for a married couple). IRS: Charitable contributions →
  • For 2026, long-term capital gains are taxed at 0% on income up to $49,450 (single) or $98,900 (married filing jointly) of taxable income. Hold investments more than a year to qualify. IRS: Capital gains and losses →
  • You can give up to $19,000 to any one person in 2026 without filing a gift tax return, and you can give to as many people as you like. IRS: Gift tax →
  • On October 1, 2026 Treasury opened a Trump Account for every eligible child under 18. A parent must claim it in the official app before the $1,000 government deposit (for U.S. citizen children born 2025 to 2028) or any gifts can arrive. Our Trump Accounts guide →
  • If you sell a stock at a loss and buy the same or a substantially identical one within 30 days before or after, the loss is generally disallowed for now. IRS: Publication 550 →
  • Every federal income tax return asks whether you received or sold digital assets such as cryptocurrency. Keep records of every transaction. IRS: Digital assets →
CallBook a call