2024/25 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 )

2024/25 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2024 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)
2024 Apr	7.8039	9.7388	5.6954	8.5580	5.0471	5.0584	8.3563	90.6737
May	7.7939	9.7752	5.6903	8.5508	5.0146	5.0988	8.3824	90.8249
Jun	7.7901	9.8047	5.6828	8.5965	4.9811	5.1155	8.3762	90.9225
Jul	7.7880	9.8514	5.6786	8.6247	4.9663	5.1304	8.3915	91.0222
Aug	7.7842	9.8864	5.6780	8.7073	5.0313	5.1344	8.4223	91.1221
Sep	7.7808	9.9454	5.6856	8.7805	5.0938	5.1516	8.4546	91.0774
Oct	7.7753	9.9642	5.6759	8.8078	5.1010	5.1543	8.4508	91.1295
Nov	7.7725	9.9505	5.6584	8.8051	5.0921	5.1403	8.4228	91.2759

Average Selling Rate in Hong Kong Dollar

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

2024/25 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes
From 1.4.2024 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)
2024 Apr	7.8598	9.8921	5.7771	8.6488	5.1388	5.1400	8.4379	90.6737
May	7.8497	9.9285	5.7720	8.6416	5.1062	5.1804	8.4640	90.8249
Jun	7.8460	9.9583	5.7646	8.6874	5.0729	5.1973	8.4579	90.9225
Jul	7.8439	10.0049	5.7604	8.7156	5.0581	5.2121	8.4731	91.0222
Aug	7.8400	10.0399	5.7598	8.7981	5.1231	5.2161	8.5041	91.1221
Sep	7.8366	10.0989	5.7674	8.8714	5.1855	5.2333	8.5363	91.0774
Oct	7.8311	10.1177	5.7576	8.8987	5.1927	5.2360	8.5325	91.1295
Nov	7.8283	10.1040	5.7402	8.8960	5.1838	5.2221	8.5045	91.2759