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SFTA sets year-end exchange rates for 2020

SFTA sets year-end exchange rates for 2020

The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.2020. The main year-end exchange rates are as follows:

1 EUR = 1.081550 CHF

1 USD = 0.883944 CHF

1 GBP = 1.208300 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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