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Posted Sat, 21 Sep 2024 20:44:25 GMT by fishfishfish
I know that HMRC provides monthly rate, average rate and spot rate for foreign income. If I have 3 foreign incomes, can I use different exchange rate types for those 3 foreign incomes? or I have to use the same exchange rate type for all foreign incomes? Thanks.
Posted Tue, 01 Oct 2024 09:10:11 GMT by HMRC Admin 19 Response
Hi,
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. For your convenience, there are exchange rates here:
Exchange rates from HMRC in CSV and XML format
and for older rates here:
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. 
Thank you.

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