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SFTA sets year-end and annual average exchange rates for 2013
The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.13 together with the annual average exchange rates for 2013. The main year-end exchange rates are as follows:
1 EUR = CHF 1.2255
1 USD = CHF 0.889364
1 GBP = CHF 1.472956
We recommend our clients to use the SFTA's published exchange rates when converting foreign currencies.