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SFTA sets year-end and annual average exchange rates for 2018

SFTA sets year-end and annual average exchange rates for 2018

The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.18 together with the annual average exchange rates for 2018. The main year-end exchange rates are as follows:

 

1 EUR = 1.126900 CHF

1 USD = 0.985784 CHF

1 GBP = 1.255528 CHF

 

Further Exchange rates can be found on the Federal Tax Administration website. We recommend our clients to use the SFTA's published exchange rates when converting foreign currencies.

 

Website of Federal Tax Administration

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