2016/17 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 )

2016/17 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes

From 1.4.2016 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)

2016
Apr

7.7270

11.0348

6.0223

7.9965

7.0544

5.9136

8.7632

83.4964

May

7.7308

11.1222

5.9913

7.9384

7.0722

5.7742

8.7514

83.8123

Jun

7.7314

11.0673

5.9896

7.9440

7.1605

5.7535

8.7301

84.1620

Jul

7.7303

10.8314

5.9726

7.9222

7.2284

5.7693

8.6866

84.6425

Aug

7.7294

10.6840

5.9664

7.9254

7.3093

5.7932

8.6820

84.8553

Sep

7.7290

10.5917

5.9547

7.9233

7.3543

5.8040

8.6786

85.0484

Oct

7.7288

10.4347

5.9365

7.9074

7.3669

5.8148

8.6556

85.3183

Nov

7.7284

10.3284

5.9111

7.8869

7.3389

5.8146

8.6165

85.6731

Dec

7.7285

10.2520

5.8976

7.8514

7.2639

5.7994

8.5650

86.0610

2017
Jan

7.7283

10.1751

5.8918

7.8298

7.2088

5.7945

8.5281

86.3406

Feb

7.7285

10.1252

5.8920

7.8179

7.1752

5.8059

8.5001

86.5417

Mar

7.7291

10.0750

5.8819

7.8082

7.1472

5.8127

8.4799

86.7269

Average Selling Rate in Hong Kong Dollar

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

2016/17 Average Exchange Rates of Major Foreign Currencies for Salaries Tax Purposes

From 1.4.2016 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)

2016
Apr

7.7786

11.1880

6.0951

8.0865

7.1360

5.9952

8.8448

83.4964

May

7.7822

11.2751

6.0684

8.0284

7.1537

5.8556

8.8328

83.8123

Jun

7.7835

11.2216

6.0688

8.0340

7.2427

5.8357

8.8123

84.1620

Jul

7.7825

10.9942

6.0526

8.0123

7.3118

5.8516

8.7688

84.6425

Aug

7.7815

10.8465

6.0467

8.0155

7.3930

5.8753

8.7640

84.8553

Sep

7.7810

10.7527

6.0353

8.0134

7.4376

5.8861

8.7606

85.0484

Oct

7.7808

10.5990

6.0173

7.9974

7.4501

5.8969

8.7377

85.3183

Nov

7.7806

10.4923

5.9922

7.9770

7.4227

5.8968

8.6987

85.6731

Dec

7.7807

10.4149

5.9788

7.9416

7.3481

5.8816

8.6472

86.0610

2017
Jan

7.7804

10.3370

5.9730

7.9200

7.2935

5.8766

8.6102

86.3406

Feb

7.7805

10.2863

5.9733

7.9081

7.2605

5.8879

8.5821

86.5417

Mar

7.7811

10.2354

5.9632

7.8985

7.2328

5.8949

8.5619

86.7269