Jan 19, 2018· Income and expense transactions must be reported in dollars on tax returns. This chart provides average yearly currency exchange rates between the dollar and certain selected foreign currencies.
Bilateral exchange rate involves a currency pair, while an effective exchange rate is a weighted average of a basket of foreign currencies, and it can be viewed as an overall measure of the country's external competitiveness.
Currency converter exchange rates calculator brought to you by Mastercard. Find the foreign currency exchange rates used for cross border transactions for all major world currencies with Mastercard’s online currency converter tool.