2004/05 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 1.4.2004 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)
Apr 2004	7.7591	13.9577	5.7864	5.9848	7.2159	5.7666	9.3014	106.1255
May	7.7586	13.8999	5.7131	6.0151	7.0719	5.6199	9.3071	106.1284
June	7.7583	13.9903	5.7139	6.0787	7.0783	5.5438	9.3445	106.1226
July	7.7583	14.0662	5.7550	6.1183	7.0843	5.5487	9.3893	106.1116
Aug	7.7581	14.0768	5.7876	6.1255	7.0757	5.5425	9.4039	106.1053
Sept	7.7581	14.0471	5.8254	6.1281	7.0727	5.5250	9.4155	106.1007
Oct	7.7578	14.0385	5.8804	6.1495	7.0802	5.5469	9.4543	106.1181
Nov	7.7565	14.0782	5.9537	6.2061	7.1189	5.5976	9.5279	106.1517
Dec	7.7552	14.1715	5.9994	6.2667	7.1567	5.6353	9.6201	106.1776
Jan 2005	7.7551	14.2101	6.0331	6.2980	7.1927	5.6652	9.6756	106.1741
Feb	7.7553	14.2509	6.0552	6.3197	7.2127	5.7022	9.7164	106.1648
Mar	7.7556	14.2974	6.0825	6.3454	7.2275	5.7357	9.7620	106.1574

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 1.4.2004 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)
Apr 2004	7.8091	14.1077	5.8464	6.0448	7.2768	5.8266	9.3814	106.1255
May	7.8086	14.0499	5.7731	6.0751	7.1328	5.6799	9.3871	106.1284
June	7.8083	14.1403	5.7742	6.1387	7.1392	5.6038	9.4245	106.1226
July	7.8083	14.2162	5.8152	6.1783	7.1450	5.6087	9.4693	106.1116
Aug	7.8081	14.2268	5.8478	6.1855	7.1362	5.6025	9.4839	106.1053
Sept	7.8081	14.1971	5.8855	6.1881	7.1330	5.5850	9.4955	106.1007
Oct	7.8078	14.1885	5.9405	6.2095	7.1405	5.6069	9.5343	106.1181
Nov	7.8065	14.2287	6.0139	6.2662	7.1792	5.6576	9.6080	106.1517
Dec	7.8052	14.3219	6.0595	6.3268	7.2169	5.6954	9.7002	106.1776
Jan 2005	7.8051	14.3606	6.0932	6.3581	7.2529	5.7253	9.7556	106.1741
Feb	7.8053	14.4010	6.1153	6.3799	7.2730	5.7623	9.7964	106.1648
Mar	7.8056	14.4475	6.1426	6.4055	7.2878	5.7957	9.8420	106.1574