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  • Rates for financial year ending 30 June 2020

    Foreign currency exchange rates for financial year 2020 foreign currency equivalent to $1 Aust.

    Country

    Average rate for year ended

    Nearest actual exchange rate

    Currency

    31 Dec 19

    30 Jun 20

    31 Dec 19

    30 Jun 20

    Canada

    0.9649

    0.9221

    0.9556

    0.9387

    Canadian dollar

    China

    NA

    NA

    NA

    4.8523

    Renminbi

    Denmark

    4.8504

    NA

    4.8807

    NA

    Kroner

    Europe

    0.6505

    0.6217

    0.6533

    0.6111

    Euro

    Fiji

    1.5443

    NA

    1.5520

    NA

    Fijian dollar

    Hong Kong

    5.6931

    5.3628

    5.6974

    5.3191

    Hong Kong dollar

    India

    49.9454

    49.0061

    50.6834

    51.8100

    Indian Rupee

    Indonesia

    NA

    NA

    NA

    9773.0000

    Rupiah

    Israel

    2.5968

    NA

    2.5376

    NA

    Israeli new shekel

    Japan

    79.3755

    74.3606

    79.6300

    73.9400

    Yen

    Kuwait

    0.2216

    NA

    0.2239

    NA

    Kuwait dinar

    Malaysia

    NA

    NA

    NA

    2.9374

    Malaysian ringgit

    New Caledonia/Tahiti

    76.6731

    NA

    76.8137

    NA

    South Pacific franc

    New Zealand

    1.0917

    1.0736

    1.0740

    1.0703

    New Zealand dollar

    Norway

    6.3998

    NA

    6.4525

    NA

    Kroner

    Oman

    0.2806

    NA

    0.2817

    NA

    Oman rial

    Papua New Guinea

    NA

    NA

    NA

    2.3747

    Kina

    Philippines

    37.7779

    NA

    37.2036

    NA

    Philippines peso

    Poland

    2.7960

    NA

    2.7800

    NA

    Polish zloty

    Saudi

    2.7290

    NA

    2.7460

    NA

    Saudi riyal

    Singapore

    0.9938

    0.9512

    0.9867

    0.9576

    Singapore dollar

    Solomon Islands

    5.9576

    NA

    6.0137

    NA

    Si dollar

    South Africa

    10.5014

    NA

    10.3338

    NA

    Rand

    South Korea

    NA

    NA

    NA

    824.9600

    South Korean won

    Sri Lanka

    129.2559

    NA

    132.7917

    NA

    Sri Lankan rupee

    Sweden

    6.8594

    NA

    6.8443

    NA

    Kronor

    Switzerland

    0.7231

    0.6724

    0.7091

    0.6534

    Swiss franc

    Taiwan

    NA

    NA

    NA

    20.2500

    New Taiwan dollar

    Thailand

    22.5729

    21.3424

    21.9700

    21.2100

    Baht

    Turkey

    2.6516

    NA

    4.3528

    NA

    Turkish lira

    United Arab Emirates

    NA

    2.5265

    2.6881

    2.5204

    United Arab Emirates Dirham

    UK

    0.5707

    0.5462

    0.5583

    0.5586

    Pound sterling

    USA

    0.7285

    0.6878

    0.7316

    0.6863

    US dollar

    Vanuatu

    81.8156

    NA

    83.6435

    NA

    Vatu

    Vietnam

    NA

    NA

    NA

    15926.0000

    Dong

    From 1 January 2020, we have used the exchange rates from the Reserve Bank of Australia. In previous years we have used exchange rates sourced from the Commonwealth Bank of Australia.

    As the Reserve Bank of Australia and the Commonwealth Bank publish rates for different countries, annual rates are only available for countries which are published by both.

    If we do not publish a rate for the country or year you need, you can use an appropriate exchange rate provided by:

    • a banking institution operating in Australia including, where relevant, the banking institution through which your foreign income is received
    • another reliable external source.

    Keep the rate used and the source of rates with your records and be mindful that you cannot obtain an average rate (or rates) of exchange from an associate, or from yourself, unless otherwise notified by us.

      Last modified: 02 Jul 2020QC 63093