Average Exchange Rates
SARS has published the updated Tables A and B of the Average Exchange Rates
The use of these average exchange rates is not compulsory. Stakeholders using average exchange rates which differ from those published by SARS must, however, keep record of all calculations for audit purposes.
Table A provides a list of the average exchange rates of selected currencies for a year of assessment as from December 2003.
Find a copy of Table A here.
Table B provides a list of the monthly average exchange rates to assist a person whose year of assessment is shorter or longer than 12 months.
Find a copy of Table B here.
Find an example explaining how to calculate Average Exchange Rates for a period longer than 12 months here.
17/09/2021
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