TaxBullUK capital gains tax
Calculators · Exchange rates

HMRC exchange rates for January 2016

145 currencies, as HMRC published them for 1 to 31 January 2016. Each figure is the number of units you get for one pound.

Divide, do not multiply

Sterling is the foreign amount divided by the rate in this table. Multiplying instead is wrong by the square of the rate, which on a typical dollar figure is more than half as much again.

HMRC do not prescribe which exchange rate you use. CG78310 expects a reasonable and consistent method, and the monthly rate is the method this calculator applies to every trade. What CG78310 does settle is the date: sterling worth is taken at the date of the acquisition or disposal (Bentley v Pike, Capcount Trading v Evans). A broker's own rate and a market feed are neither published nor consistent, so this site never reads one.

Every rate HMRC published for January 2016

Units per £1 · 1 to 31 January 2016HMRC · customs and VAT
Units of each currency per £1, for 1 to 31 January 2016. Sorted by currency code.
Code Currency Units per £1 Period covered
AED UAE dirham 5.588 1 to 31 January 2016
ALL Lek 190.97 1 to 31 January 2016
AMD Armenian dram 737.58 1 to 31 January 2016
AOA Kwanza 205.87 1 to 31 January 2016
ARS Argentine peso 14.69 1 to 31 January 2016
AUD Australian dollar 2.0859 1 to 31 January 2016
AWG Aruban florin 2.7234 1 to 31 January 2016
AZN Azerbaijan manat 1.5923 1 to 31 January 2016
BAM Convertible mark 2.706 1 to 31 January 2016
BBD Barbados dollar 3.0429 1 to 31 January 2016
BDT Taka 120.12 1 to 31 January 2016
BGN Bulgarian lev 2.7059 1 to 31 January 2016
BHD Bahraini dinar 0.574 1 to 31 January 2016
BIF Burundi franc 2,375.2 1 to 31 January 2016
BMD Bermudian dollar 1.5003 1 to 31 January 2016
BND Brunei dollar 2.1499 1 to 31 January 2016
BOB Boliviano 10.51 1 to 31 January 2016
BRL Brazilian real 5.9232 1 to 31 January 2016
BSD Bahamian dollar 1.5003 1 to 31 January 2016
BTN Ngultrum 100.19 1 to 31 January 2016
BWP Pula 17.24 1 to 31 January 2016
BYR not held 27,751.18 1 to 31 January 2016
BZD Belize dollar 3.0353 1 to 31 January 2016
CAD Canadian dollar 2.0746 1 to 31 January 2016
CDF Congolese franc 1,410.37 1 to 31 January 2016
CHF Swiss franc 1.4811 1 to 31 January 2016
CLP Chilean peso 1,079.1 1 to 31 January 2016
CNY Yuan renminbi 9.8214 1 to 31 January 2016
COP Colombian peso 5,022.29 1 to 31 January 2016
CRC Costa Rican colon 808.29 1 to 31 January 2016
CUP Cuban peso 1.5214 1 to 31 January 2016
CVE Cabo Verde escudo 151.61 1 to 31 January 2016
CZK Czech koruna 37.38 1 to 31 January 2016
DJF Djibouti franc 270.39 1 to 31 January 2016
DKK Danish krone 10.22 1 to 31 January 2016
DOP Dominican peso 69.3 1 to 31 January 2016
DZD Algerian dinar 162.49 1 to 31 January 2016
ECS Dollar 1.5003 1 to 31 January 2016
EGP Egyptian pound 11.91 1 to 31 January 2016
ERN Nakfa 22.82 1 to 31 January 2016
ETB Ethiopian birr 32.14 1 to 31 January 2016
EUR Euro 1.371 1 to 31 January 2016
FJD Fiji dollar 3.244 1 to 31 January 2016
GEL Lari 3.6439 1 to 31 January 2016
GHS Ghana cedi 5.8119 1 to 31 January 2016
GMD Dalasi 60.19 1 to 31 January 2016
GNF Guinean franc 11,672.53 1 to 31 January 2016
GTQ Quetzal 11.58 1 to 31 January 2016
GYD Guyana dollar 314 1 to 31 January 2016
HKD Hong Kong dollar 11.62 1 to 31 January 2016
HNL Lempira 33.87 1 to 31 January 2016
HRK Kuna 10.56 1 to 31 January 2016
HTG Gourde 86.05 1 to 31 January 2016
HUF Forint 439.87 1 to 31 January 2016
IDR Rupiah 21,220.38 1 to 31 January 2016
ILS New Israeli sheqel 5.8285 1 to 31 January 2016
INR Indian rupee 100.19 1 to 31 January 2016
IQD Iraqi dinar 1,810.51 1 to 31 January 2016
ISK Iceland krona 195.84 1 to 31 January 2016
JMD Jamaican dollar 182.42 1 to 31 January 2016
JOD Jordanian dinar 1.0792 1 to 31 January 2016
JPY Yen 182.77 1 to 31 January 2016
KES Kenyan shilling 155.33 1 to 31 January 2016
KGS Som 115.43 1 to 31 January 2016
KHR Riel 6,160.32 1 to 31 January 2016
KMF Comorian franc 680.64 1 to 31 January 2016
KRW Won 1,764.96 1 to 31 January 2016
KWD Kuwaiti dinar 0.4613 1 to 31 January 2016
KYD Cayman Islands dollar 1.2476 1 to 31 January 2016
KZT Tenge 479.25 1 to 31 January 2016
LAK Lao kip 12,392.16 1 to 31 January 2016
LBP Lebanese pound 2,294.64 1 to 31 January 2016
LKR Sri Lanka rupee 217.94 1 to 31 January 2016
LRD Liberian dollar 1.5003 1 to 31 January 2016
LSL Loti 24.36 1 to 31 January 2016
LYD Libyan dinar 2.1224 1 to 31 January 2016
MAD Moroccan dirham 14.97 1 to 31 January 2016
MDL Moldovan leu 30.2 1 to 31 January 2016
MGA Malagasy ariary 4,865.58 1 to 31 January 2016
MKD Denar 85.19 1 to 31 January 2016
MMK Kyat 1,972.02 1 to 31 January 2016
MNT Tugrik 3,036.04 1 to 31 January 2016
MOP Pataca 12.14 1 to 31 January 2016
MRO Ouguiya 462.51 1 to 31 January 2016
MUR Mauritius rupee 55.03 1 to 31 January 2016
MVR Rufiyaa 23.27 1 to 31 January 2016
MWK Malawi kwacha 958.16 1 to 31 January 2016
MXN Mexican peso 25.71 1 to 31 January 2016
MYR Malaysian ringgit 6.4768 1 to 31 January 2016
MZN Mozambique metical 78 1 to 31 January 2016
NGN Naira 302.76 1 to 31 January 2016
NIO Cordoba oro 42.37 1 to 31 January 2016
NOK Norwegian krone 13.09 1 to 31 January 2016
NPR Nepalese rupee 162.78 1 to 31 January 2016
NZD New Zealand dollar 2.2171 1 to 31 January 2016
OMR Rial Omani 0.5858 1 to 31 January 2016
PAB Balboa 1.5214 1 to 31 January 2016
PEN Sol 5.1402 1 to 31 January 2016
PGK Kina 4.5439 1 to 31 January 2016
PHP Philippine peso 71.01 1 to 31 January 2016
PKR Pakistan rupee 158.55 1 to 31 January 2016
PLN Zloty 6.0382 1 to 31 January 2016
PYG Guarani 8,816.33 1 to 31 January 2016
QAR Qatari rial 5.5403 1 to 31 January 2016
RON Romanian leu 6.2583 1 to 31 January 2016
RSD Serbian dinar 169.37 1 to 31 January 2016
RUB Russian rouble 106.16 1 to 31 January 2016
RWF Rwanda franc 1,134.99 1 to 31 January 2016
SAR Saudi riyal 5.6292 1 to 31 January 2016
SBD Solomon Islands dollar 12.26 1 to 31 January 2016
SCR Seychelles rupee 20.01 1 to 31 January 2016
SDG Sudanese pound 9.8176 1 to 31 January 2016
SEK Swedish krona 12.76 1 to 31 January 2016
SGD Singapore dollar 2.1138 1 to 31 January 2016
SLL Leone 6,466.14 1 to 31 January 2016
SOS Somali shilling 928.08 1 to 31 January 2016
SRD Surinam dollar 6.0858 1 to 31 January 2016
STD Dobra 33,958.64 1 to 31 January 2016
SVC El Salvador colon 13.29 1 to 31 January 2016
SZL Lilangeni 24.36 1 to 31 January 2016
THB Baht 54.13 1 to 31 January 2016
TMT Turkmenistan new manat 5.3403 1 to 31 January 2016
TND Tunisian dinar 3.063 1 to 31 January 2016
TOP Pa'anga 2.0859 1 to 31 January 2016
TRY Turkish lira 4.5261 1 to 31 January 2016
TTD Trinidad and Tobago dollar 9.7736 1 to 31 January 2016
TWD New Taiwan dollar 49.17 1 to 31 January 2016
TZS Tanzanian shilling 3,286.32 1 to 31 January 2016
UAH Hryvnia 36.21 1 to 31 January 2016
UGX Uganda shilling 5,226.16 1 to 31 January 2016
USD US dollar 1.5003 1 to 31 January 2016
UYU Peso uruguayo 45.19 1 to 31 January 2016
UZS Uzbekistan sum 4,207.1 1 to 31 January 2016
VEF Bolívar 9.5935 1 to 31 January 2016
VND Dong 34,232.62 1 to 31 January 2016
VUV Vatu 171.48 1 to 31 January 2016
WST Tala 3.9487 1 to 31 January 2016
XAF CFA franc BEAC 907.52 1 to 31 January 2016
XCD East Caribbean dollar 4.1079 1 to 31 January 2016
XOF CFA franc BCEAO 907.52 1 to 31 January 2016
XPF CFP franc 165.09 1 to 31 January 2016
YER Yemeni rial 327.33 1 to 31 January 2016
ZAR Rand 22.56 1 to 31 January 2016
ZMW Zambian kwacha 16.62 1 to 31 January 2016
ZWL Zimbabwe dollar 550.61 1 to 31 January 2016

Rates are shown exactly as published and are not rounded, because the calculator divides by the same figure. A currency with no name against it is one this server holds only by code.

Where this month came from

Months before January 2021 come from HMRC's own XML archive, which is what the gov.uk collection links to for monthly rates up to December 2020. This is the file for January 2016:

http://www.hmrc.gov.uk/softwaredevelopers/rates/exrates-monthly-0116.XML

The same file is also served with a lower case extension, at http://www.hmrc.gov.uk/softwaredevelopers/rates/exrates-monthly-0116.xml, and HMRC's own index is inconsistent about which. The host is case sensitive, so both spellings are tried. The file carries a Period attribute and a rate is kept only when that attribute names the month asked for, because a wrong month URL still answers 200 with a complete and valid looking file.

The collection that lists both is Exchange rates for customs and VAT on gov.uk. Nothing here is taken from a mirror. A rate comes from HMRC or it does not come at all.

Using this month on a return

Work out the tax from your broker CSV

Upload a broker export and every foreign trade in it is converted at the HMRC rate for its own month, with the month named in the report. The guide explains the matching rules that decide which cost a disposal takes.