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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.