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SFTA sets year-end and annual average exchange rates for 2017
The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.17 together with the annual average exchange rates for 2017. The main year-end exchange rates are as follows:
1 EUR = 1.170150 CHF
1 USD = 0.974475 CHF
1 GBP = 1.318256 CHF
Further Exchange rates can be found on the Federal Tax Aministration website. We recommend our Clients to use the SFTA's published Exchange rates when converting foreign currencies.