2002/03 Average Exchange Rates of Major Foreign 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 )

This table basically consists of 10 columns. The first column is the average buying rate from 1.4.2002 to last day of month. The second column is the average buying rate for US Dollar. The third column is the average buying rate for Pound Sterling. The fourth column is the average buying rate for Canadian Dollar. The fifth column is the average buying rate for Deutsche Mark.The sixth column is the average buying rate for Swiss Franc. The seventh column is the average buying rate for Japanese Yen (per 100). The eighth column is the average buying rate for Australian Dollar. The ninth column is the average buying rate for Euro. The tenth column is the average buying rate for HK$100 for Renminbi (Chinese Yen).
From 1.4.2002 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 Yen)
Apr 2002	7.7580	11.1646	4.9092	4.6833	5.9356	4.1515	6.8731	106.0605
May	7.7580	11.2315	4.9543	4.7798	6.0342	4.2045	6.9925	106.0594
Jun	7.7580	11.3138	4.9935	4.8641	6.1209	4.2720	7.1316	106.0599
Jul	7.7583	11.4969	5.0032	4.9639	6.2345	4.2790	7.2733	106.0610
Aug	7.7586	11.5804	4.9927	5.0077	6.2912	4.2640	7.3358	106.0642
Sept	7.7589	11.6583	4.9836	5.0384	6.3144	4.2610	7.3806	106.0666
Oct	7.7590	11.7148	4.9739	5.0601	6.3067	4.2620	7.4128	106.0697
Nov	7.7591	11.7726	4.9699	5.0896	6.3162	4.2737	7.4570	106.0721
Dec	7.7592	11.8297	4.9710	5.1228	6.3217	4.2843	7.5070	106.0757
Jan 2003	7.7593	11.8970	4.9767	5.1738	6.3428	4.3075	7.5791	106.0773
Feb	7.7594	11.9491	4.9905	5.2220	6.3568	4.3353	7.6506	106.0797
March	7.7594	11.9751	5.0126	5.2622	6.3721	4.3632	7.7112	106.0815

Average Selling Rate in Hong Kong Dollar

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

This table basically consists of 10 columns. The first column is the average selling rate from 1.4.2002 to last day of month. The second column is the average selling rate for US Dollar. The third column is the average selling rate for Pound Sterling. The fourth column is the average selling rate for Canadian Dollar. The fifth column is the average selling rate for Deutsche Mark. The sixth column is the average selling rate for Swiss Franc. The seventh column is the average selling rate for Japanese Yen (per 100). The eighth column is the average selling rate for Australian Dollar. The ninth column is the average selling rate for Euro. The tenth column is the average selling rate for HK$100 for Renminbi (Chinese Yen).
From 1.4.2002 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 Yen)
Apr 2002	7.8080	11.3146	4.9692	4.7433	5.9956	4.2115	6.9531	106.0605
May	7.8080	11.3815	5.0143	4.8398	6.0942	4.2645	7.0723	106.0594
Jun	7.8080	11.4638	5.0532	4.9241	6.1811	4.3320	7.2115	106.0599
Jul	7.8076	11.6472	5.0629	5.0224	6.2947	4.3390	7.3532	106.0610
Aug	7.8070	11.7306	5.0525	5.0646	6.3514	4.3240	7.4157	106.0642
Sept	7.8067	11.8085	5.0435	5.0942	6.3745	4.3210	7.4605	106.0666
Oct	7.8065	11.8649	5.0337	5.1151	6.3670	4.3221	7.4927	106.0697
Nov	7.8063	11.9228	5.0298	5.1440	6.3765	4.3338	7.5370	106.0721
Dec	7.8061	11.9798	5.0309	5.1767	6.3820	4.3443	7.5869	106.0757
Jan 2003	7.8060	12.0471	5.0366	5.2273	6.4031	4.3675	7.6590	106.0773
Feb	7.8509	12.0992	5.0504	5.2752	6.4171	4.3953	7.7306	106.0797
March	7.8058	12.1252	5.0724	5.3151	6.4324	4.4233	7.7912	106.0815