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2020/21 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 )

2020/21 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2020 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)
2020
Apr

7.7217

 9.5538

 5.4778

 7.9356

 7.1529

 4.8461

 8.3800

91.1890

May

7.7222

9.5117

5.4984

7.9406

7.1721

4.9345

8.3960

91.3800

Jun

7.7233

9.5553

5.5615

7.9910

7.1687

5.0564

8.4927

91.3989

Jul

7.7247

9.6057

5.5981

8.0553

7.1821

5.1427

8.5807

91.1551

Aug

7.7256

9.7082

5.6433

8.1379

7.2007

5.2208

8.6907

90.8191

Sep

7.7263

9.7553

5.6756

8.1859

7.2177

5.2772

8.7592

90.3376

Oct

7.7267

9.7906

5.6990

8.2230

7.2336

5.3056

8.8052

89.8026

Nov

7.7273

9.8396

5.7241

8.2539

7.2537

5.3421

8.8474

89.2327

Dec

7.7274

9.8958

5.7569

8.3002

7.2731

5.3915

8.9075

88.6950
2021
Jan

7.7279

9.9584

5.7878

8.3396

7.2890

5.4467

8.9563

88.1799

Feb

7.7281

10.0249

5.8142

8.3616

7.2913

5.4939

8.9910

87.7386

Mar

7.7293

10.0812

5.8419

8.3566

7.2756

5.5309

9.0085

87.4103

 

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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)

2020/21 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2020 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)
2020
Apr

7.7726

 9.7057

5.5587

8.0260

7.2438

4.9271

8.4610

91.1890

May

7.7736

9.6647

5.5852

8.0313

7.2635

5.0160

8.4775

91.3800

Jun

7.7775

9.7083

5.6466

8.0817

7.2602

5.1380

8.5742

91.3989

Jul

7.7796

9.7587

5.6823

8.1460

7.2736

5.2243

8.6622

91.1551

Aug

7.7807

9.8614

5.7270

8.2287

7.2923

5.3024

8.7723

90.8191

Sep

7.7815

9.9085

5.7589

8.2767

7.3093

5.3588

8.8408

90.3376

Oct

7.7820

9.9440

5.7822

8.3139

7.3253

5.3873

8.8868

89.8026

Nov

7.7826

9.9929

5.8071

8.3447

7.3453

5.4238

8.9290

89.2327

Dec

7.7829

10.0492

5.8397

8.3910

7.3648

5.4732

8.9892

88.6950
2021
Jan

7.7831

10.1111

5.8702

8.4300

7.3803

5.5281

9.0376

88.1799

Feb

7.7834

10.1776

5.8965

8.4521

7.3826

5.5753

9.0723

87.7386

Mar

7.7846

10.2340

5.9241

8.4471

7.3669

5.6123

9.0899

87.4103