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  Home >  Tax Information - Individuals/Businesses  >  Individuals  >  Average Exchange Rates of Major Currencies for Salaries Tax Purposes > 2007/08 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes

2007/08 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes

Average Buying Rate in Hong Kong Dollar

( Buying rate is used to convert chargeable income received in foreign currency into Hong Kong dollars )

This table basically consists of 10 columns. The first column is the average buying rate from 1.4.2002 to last day of month. The second column is the average buying rate for US Dollar. The third column is the average buying rate for Pound Sterling. The fourth column is the average buying rate for Canadian Dollar. The fifth column is the average buying rate for Deutsche Mark.The sixth column is the average buying rate for Swiss Franc. The seventh column is the average buying rate for Japanese Yen (per 100). The eighth column is the average buying rate for Australian Dollar. The ninth column is the average buying rate for Euro. The tenth column is the average buying rate for HK$100 for Renminbi (Chinese Yen).
From 1.4.2007 to last day of month US
Dollar		 Pound
Sterling		 Canadian Dollar Swiss
Franc		 Japanese Yen
(per 100)		 Australian Dollar Euro HK $100
for
Renminbi
(Chinese Yuan)
2007
Apr
7.7759
15.4567
6.8648
6.4181
6.5510
6.4371
10 .5195
98.8412

May
7.7768
15.4364
6.9797
6.3937
6.5021
6.4272
10.5216
98.5168

Jun
7.7755
15.4336
7.0867
6.3651
6.4517
6.4674
10.4933
98.2432

Jul
7.7760
15.5275
7.1673
6.3849
6.4415
6.5381
10.5394
97.9194

Aug
7.7765
15.5459
7.2039
6.4016
6.4863
6.5211
10.5506
97.7184

Sep
7.7721
15.5586
7.2589
6.4229
6.5288
6.5246
10.5856
97.5466

Oct
7.7647
15.5865
7.3521
6.4436
6.5485
6.5837
10.6414
97.4320

Nov
7.7619
15.6412
7.4394
6.4989
6.6013
6.6310
10.7308
97.1852

Dec
7.7618
15.6448
7.4744
6.5343
6.6374
6.6476
10.7947
96.8917
2008
Jan
7.7625
15.6088
7.4962
6.5856
6.6945
6.6675
10.8574
96.4895

Feb
7.7623
15.5748
7.5205
6.6347
6.7452
6.7065
10.9124
96.0670

Mar
7.7610
15.5687
7.5411
6.7195
6.8235
6.7455
11.0045
95.6404

 

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Average Selling Rate in Hong Kong Dollar

(Selling rate is used to convert deductible expense paid in foreign currency into Hong Kong dollars)

This table basically consists of 10 columns. The first column is the average selling rate from 1.4.2002 to last day of month. The second column is the average selling rate for US Dollar. The third column is the average selling rate for Pound Sterling. The fourth column is the average selling rate for Canadian Dollar. The fifth column is the average selling rate for Deutsche Mark. The sixth column is the average selling rate for Swiss Franc. The seventh column is the average selling rate for Japanese Yen (per 100). The eighth column is the average selling rate for Australian Dollar. The ninth column is the average selling rate for Euro. The tenth column is the average selling rate for HK$100 for Renminbi (Chinese Yen).
From 1.4.2007 to last day of month US
Dollar		 Pound
Sterling		 Canadian Dollar Swiss
Franc		 Japanese Yen
(per 100)		 Australian Dollar Euro HK$100
for
Renminbi
(Chinese Yuan)
2007
Apr
7.8259
15.6067
6.9248
6.4781
6.6119
6.4971
10.5995
98.8412

May
7.8268
15.5844
7.0397
6.4537
6.5628
6.4872
10.6016
98.5168

Jun
7.8254
15.5825
7.1467
6.4251
6.5122
6.5274
10.5733
98.2432

Jul
7.8260
15.6767
7.2273
6.4449
6.5019
6.5981
10.6194
97.9194

Aug
7.8264
15.6953
7.2639
6.4616
6.5467
6.5811
10.6306
97.7184

Sep
7.8220
15.7081
7.3189
6.4829
6.5890
6.5846
10.6656
97.5466

Oct
7.8147
15.7360
7.4121
6.5036
6.6087
6.6443
10.7214
97.4320

Nov
7.8118
15.7908
7.4993
6.5589
6.6614
6.6915
10.8108
97.1852

Dec
7.8117
15.7945
7.5343
6.5943
6.6975
6.7080
10.8748
96.8917
2008
Jan
7.8125
15.7585
7.5561
6.6456
6.7546
6.7279
10.9375
96.4895

Feb
7.8123
15.7245
7.5805
6.6947
6.8054
6.7669
10.9925
96.0670

Mar
7.8109
15.7184
7.6011
6.7795
6.8837
6.8059
11.0846
95.6404

 

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