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Posted Fri, 03 Jan 2025 10:41:28 GMT by sanbar
Hi, I have some foreign capital gains that are from assets purchased during 1993 to 1995. These were sold in 2023. I cannot find exchage rates going back to these years, what exchange rate do I use to convert the local currency into GBP. Many thanks in advance.
Posted Mon, 13 Jan 2025 15:27:52 GMT by HMRC Admin 1 Response

Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for each acquisition and disposal.

You are free to use any of the three rate HMRC provides, or you can use a rate obtained elsewhere, such as a newspaper or the London Stock Exchange.

For your convenience, there are exchange rates at:

The National Archives: Exchange rates from HMRC in CSV and XML format

For older rates at:

The National Archives: Foreign exchange rates and spot rates: 1 January 1989 to 31 March 2009

You are free to use any of the supplied rates or one of your own choosing

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