2019/20 Average Exchange Rates of Major 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 )

2019/20 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2019 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)
2019 Apr	7.8152	10.1668	5.8340	7.7416	6.9886	5.5493	8.7786	85.6025
May	7.8168	10.0916	5.8179	7.7284	7.0429	5.4841	8.7589	86.4556
Jun	7.8098	10.0148	5.8305	7.7730	7.0951	5.4577	8.7713	86.9472
Jul	7.8029	9.9321	5.8569	7.7953	7.1165	5.4501	8.7592	87.2141
Aug	7.8045	9.8386	5.8610	7.8276	7.1615	5.4158	8.7435	87.6823
Sep	7.8048	9.8014	5.8652	7.8333	7.1769	5.3970	8.7172	88.1234
Oct	7.8059	9.8112	5.8730	7.8354	7.1825	5.3837	8.7060	88.4145
Nov	7.8050	9.8375	5.8749	7.8359	7.1793	5.3762	8.6952	88.5658
Dec	7.8018	9.8758	5.8768	7.8411	7.1713	5.3716	8.6879	88.7079
2020 Jan	7.7959	9.8978	5.8809	7.8531	7.1613	5.3657	8.6788	88.7338
Feb	7.7913	9.9094	5.8757	7.8594	7.1499	5.3463	8.6581	88.8432
Mar	7.7867	9.8904	5.8527	7.8802	7.1554	5.3079	8.6536	88.9638

Average Selling Rate in Hong Kong Dollar

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

2019/20 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2019 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)
2019 Apr	7.8661	10.3186	5.9149	7.8320	7.0795	5.6302	8.8595	85.6025
May	7.8680	10.2441	5.8992	7.8190	7.1342	5.5654	8.8402	86.4556
Jun	7.8614	10.1681	5.9121	7.8638	7.1868	5.5394	8.8529	86.9472
Jul	7.8545	10.0853	5.9385	7.8861	7.2081	5.5317	8.8408	87.2141
Aug	7.8562	9.9919	5.9427	7.9184	7.2531	5.4975	8.8251	87.6823
Sep	7.8564	9.9546	5.9468	7.9241	7.2684	5.4786	8.7988	88.1234
Oct	7.8575	9.9644	5.9546	7.9262	7.2741	5.4653	8.7876	88.4145
Nov	7.8567	9.9907	5.9565	7.9267	7.2709	5.4578	8.7768	88.5658
Dec	7.8534	10.0290	5.9583	7.9318	7.2629	5.4532	8.7695	88.7079
2020 Jan	7.8475	10.0510	5.9625	7.9439	7.2529	5.4473	8.7603	88.7338
Feb	7.8430	10.0628	5.9574	7.9502	7.2415	5.4279	8.7397	88.8432
Mar	7.8383	10.0437	5.9343	7.9710	7.2470	5.3895	8.7353	88.9638