TaxBullUK capital gains tax

HMRC exchange rates for May 2023

142 currencies, as HMRC published them for 1 to 31 May 2023. 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 May 2023

Units of each currency per £1, for 1 to 31 May 2023. Sorted by currency code.
Code Currency Units per £1 Period covered
AED Dirham 4.5722 1 to 31 May 2023
ALL Lek 127.6192 1 to 31 May 2023
AMD Dram 482.6384 1 to 31 May 2023
AOA Readj Kwanza 637.5668 1 to 31 May 2023
ARS Peso 270.7774 1 to 31 May 2023
AUD Dollar 1.852 1 to 31 May 2023
AWG Florin 2.2286 1 to 31 May 2023
AZN New Manat 2.1196 1 to 31 May 2023
BAM Marka 2.222 1 to 31 May 2023
BBD Dollar 2.49 1 to 31 May 2023
BDT Taka 133.6637 1 to 31 May 2023
BGN Lev 2.222 1 to 31 May 2023
BHD Dinar 0.4694 1 to 31 May 2023
BIF Franc 2,591.7815 1 to 31 May 2023
BMD Dollar (US) 1.245 1 to 31 May 2023
BND Dollar 1.6608 1 to 31 May 2023
BOB Boliviano 8.603 1 to 31 May 2023
BRL Real 6.2695 1 to 31 May 2023
BSD Dollar 1.245 1 to 31 May 2023
BTN Ngultrum 102.3752 1 to 31 May 2023
BWP Pula 16.3494 1 to 31 May 2023
BYN Rouble 3.125 1 to 31 May 2023
BZD Dollar 2.49 1 to 31 May 2023
CAD Dollar 1.6727 1 to 31 May 2023
CDF Congo Fr 2,563.0911 1 to 31 May 2023
CHF Franc 1.1186 1 to 31 May 2023
CLP Peso 990.7746 1 to 31 May 2023
CNY Yuan 8.5874 1 to 31 May 2023
COP Peso 5,625.6607 1 to 31 May 2023
CRC Colon 666.8804 1 to 31 May 2023
CUP Peso 29.8136 1 to 31 May 2023
CVE Escudo 125.5848 1 to 31 May 2023
CZK Koruna 26.5998 1 to 31 May 2023
DJF Franc 221.7381 1 to 31 May 2023
DKK Krone 8.4662 1 to 31 May 2023
DOP Peso 67.9648 1 to 31 May 2023
DZD Dinar 168.9204 1 to 31 May 2023
ECS Dollar 1.245 1 to 31 May 2023
EGP Pound 38.4716 1 to 31 May 2023
ERN Nakfa 18.6751 1 to 31 May 2023
ETB Birr 67.6514 1 to 31 May 2023
EUR Euro 1.1361 1 to 31 May 2023
FJD Dollar 2.778 1 to 31 May 2023
GEL Lari 3.1312 1 to 31 May 2023
GHS Cedi 14.8778 1 to 31 May 2023
GMD Dalasi 77.4393 1 to 31 May 2023
GNF Franc 10,696.8003 1 to 31 May 2023
GTQ Quetzal 9.7098 1 to 31 May 2023
GYD Dollar 263.3909 1 to 31 May 2023
HKD Dollar 9.773 1 to 31 May 2023
HNL Lempira 30.6645 1 to 31 May 2023
HTG Gourde 192.0104 1 to 31 May 2023
HUF Forint 430.3579 1 to 31 May 2023
IDR Rupiah 18,482.1019 1 to 31 May 2023
ILS Shekel 4.5418 1 to 31 May 2023
INR Rupee 102.3752 1 to 31 May 2023
IQD Dinar 1,642.306 1 to 31 May 2023
ISK Krona 169.8435 1 to 31 May 2023
JMD Dollar 189.7354 1 to 31 May 2023
JOD Dinar 0.8838 1 to 31 May 2023
JPY Yen 167.5963 1 to 31 May 2023
KES Schilling 168.3246 1 to 31 May 2023
KGS Som 108.9628 1 to 31 May 2023
KHR Riel 5,063.9383 1 to 31 May 2023
KMF Franc 558.9288 1 to 31 May 2023
KRW Won 1,650.5649 1 to 31 May 2023
KWD Dinar 0.3817 1 to 31 May 2023
KYD Dollar 1.0209 1 to 31 May 2023
KZT Tenge 569.2907 1 to 31 May 2023
LAK Kip 21,329.8183 1 to 31 May 2023
LBP Pound 18,730.1694 1 to 31 May 2023
LKR Rupee 398.2209 1 to 31 May 2023
LSL Loti 22.5533 1 to 31 May 2023
LYD Dinar 5.9375 1 to 31 May 2023
MAD Dirham 12.6286 1 to 31 May 2023
MDL Leu 22.3814 1 to 31 May 2023
MGA Malagasy Ariary 5,473.5646 1 to 31 May 2023
MKD Denar 69.9257 1 to 31 May 2023
MMK Kyat 2,615.2291 1 to 31 May 2023
MNT Tugrik 4,369.9666 1 to 31 May 2023
MOP Pataca 10.0662 1 to 31 May 2023
MRU Ouguiya 44.484 1 to 31 May 2023
MUR Rupee 56.0874 1 to 31 May 2023
MVR Rufiyaa 19.1108 1 to 31 May 2023
MWK Kwacha 1,277.9162 1 to 31 May 2023
MXN Mexican Peso 22.4639 1 to 31 May 2023
MYR Ringgit 5.5303 1 to 31 May 2023
MZN Metical 79.506 1 to 31 May 2023
NGN Naira 573.6358 1 to 31 May 2023
NIO Gold Cordoba 45.5298 1 to 31 May 2023
NOK Norwegian Krone 13.1443 1 to 31 May 2023
NPR Rupee 163.8003 1 to 31 May 2023
NZD Dollar 2.0032 1 to 31 May 2023
OMR Rial 0.4793 1 to 31 May 2023
PAB Balboa 1.245 1 to 31 May 2023
PEN New Sol 4.7057 1 to 31 May 2023
PGK Kina 4.3743 1 to 31 May 2023
PHP Peso 69.9941 1 to 31 May 2023
PKR Rupee 353.4256 1 to 31 May 2023
PLN Zloty 5.2485 1 to 31 May 2023
PYG Guarani 8,874.2484 1 to 31 May 2023
QAR Riyal 4.5318 1 to 31 May 2023
RON New Leu 5.6005 1 to 31 May 2023
RSD Dinar 133.259 1 to 31 May 2023
RUB Rouble 101.8102 1 to 31 May 2023
RWF Franc 1,381.3948 1 to 31 May 2023
SAR Riyal 4.6691 1 to 31 May 2023
SBD Dollar 10.2469 1 to 31 May 2023
SCR Rupee 17.3297 1 to 31 May 2023
SDG Pound 747.0027 1 to 31 May 2023
SEK Krona 12.8625 1 to 31 May 2023
SGD Dollar 1.6608 1 to 31 May 2023
SLE Leone 28.0364 1 to 31 May 2023
SOS Schilling 707.9946 1 to 31 May 2023
SRD Dollar 46.4903 1 to 31 May 2023
STD Dobra 27,905.2 1 to 31 May 2023
SVC Colon 10.8967 1 to 31 May 2023
SZL Lilangeni 22.5533 1 to 31 May 2023
THB Baht 42.9215 1 to 31 May 2023
TMT New Manat 4.3575 1 to 31 May 2023
TND Dinar 3.7958 1 to 31 May 2023
TOP Pa'anga (AUS) 1.852 1 to 31 May 2023
TRY Turkish Lira 24.1481 1 to 31 May 2023
TTD Dollar 8.4064 1 to 31 May 2023
TWD Dollar 38.0585 1 to 31 May 2023
TZS Schilling 2,920.7808 1 to 31 May 2023
UAH Hryvnia 45.9807 1 to 31 May 2023
UGX Schilling 4,656.3172 1 to 31 May 2023
USD Dollar 1.245 1 to 31 May 2023
UYU Peso 48.3933 1 to 31 May 2023
UZS Sum 14,213.1864 1 to 31 May 2023
VND Dong 29,259.5291 1 to 31 May 2023
VUV Vatu 148.3112 1 to 31 May 2023
WST Tala 3.3924 1 to 31 May 2023
XAF CFA Franc 745.2383 1 to 31 May 2023
XCD E Caribbean Dollar 3.3615 1 to 31 May 2023
XOF CFA Franc 745.2383 1 to 31 May 2023
XPF CFP Franc 135.5738 1 to 31 May 2023
YER Rial 311.4628 1 to 31 May 2023
ZAR Rand 22.5533 1 to 31 May 2023
ZMW Kwacha 21.5483 1 to 31 May 2023
ZWL Dollar 450.5671 1 to 31 May 2023

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 from January 2021 onwards come from the Online Trade Tariff, which publishes one CSV per month. This is the file for May 2023:

https://www.trade-tariff.service.gov.uk/api/v2/exchange_rates/files/monthly_csv_2023-5.csv

Ask that service for a month before January 2021 and it answers 404, which is the same answer it gives for a month nobody has published yet. Those months come from HMRC's XML archive instead.

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.