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SFTA sets year-end and annual average exchange rates for 2019

SFTA sets year-end and annual average exchange rates for 2019

The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.2019 together with the annual average exchange rates for 2019. The main year-end exchange rates are as follows:

1 EUR = 1.087000 CHF

1 USD = 0.968374 CHF

1 GBP = 1.282822 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 the Swiss Federal Tax Administration

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