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2022/23 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 )

2022/23 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2022 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)
2022
Apr

7.8169

10.0732

6.1780

8.2493

6.1636

5.7250

8.4459

81.9699

May

7.8207

9.8902

6.1302

8.1085

6.1137

5.6081

8.3551

83.7097

Jun

7.8216

9.7965

6.1173

8.0876

6.0155

5.5600

8.3226

84.2591

Jul

7.8222

9.6860

6.0975

8.0783

5.9387

5.5052

8.2302

84.6382

Aug

7.8220

9.6172

6.0871

8.0930

5.9036

5.4868

8.1656

85.0306

Sep

7.8224

9.4860

6.0501

8.0802

5.8287

5.4388

8.0938

85.6416

Oct

7.8228

9.3878

5.9990

8.0439

5.7515

5.3628

8.0339

86.3807

Nov

7.8205

9.3560

5.9741

8.0471

5.7163

5.3341

8.0238

87.0136

Dec

7.8140

9.3635

5.9439

8.0757

5.7182

5.3214

8.0436

87.3096
2023
Jan

7.8121

9.3764

5.9288

8.1092

5.7423

5.3284

8.0775

87.2751

Feb

7.8130

9.3804

5.9178

8.1385

5.7533

5.3328

8.1037

87.2544

Mar

7.8139

9.3874

5.9001

8.1631

5.7598

5.3218

8.1251

87.3078

 

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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)

2022/23 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2022 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)
2022
Apr

7.8728

10.2268

6.2599

8.3402

6.2555

5.8068

8.5277

81.9699

May

7.8765

10.0436

6.2120

8.1993

6.2055

5.6898

8.4368

83.7097

Jun

7.8774

9.9499

6.1990

8.1785

6.1072

5.6417

8.4042

84.2591

Jul

7.8781

9.8395

6.1793

8.1692

6.0304

5.5870

8.3120

84.6382

Aug

7.8773

9.7700

6.1683

8.1833

5.9947

5.5680

8.2467

85.0306

Sep

7.8778

9.6388

6.1313

8.1706

5.9198

5.5200

8.1749

85.6416

Oct

7.8782

9.5406

6.0802

8.1344

5.8428

5.4489

8.1151

86.3807

Nov

7.8760

9.5089

6.0554

8.1376

5.8076

5.4196

8.1050

87.0136

Dec

7.8696

9.5165

6.0252

8.1662

5.8096

5.4065

8.1249

87.3096
2023
Jan

7.8676

9.5295

6.0102

8.1998

5.8337

5.4132

8.1589

87.2751

Feb

7.8686

9.5335

5.9992

8.2291

5.8447

5.4173

8.1851

87.2544

Mar

7.8695

9.5404

5.9815

8.2537

5.8512

5.4060

8.2065

87.3078