TaxBullUK capital gains tax

HMRC exchange rates for March 2025

142 currencies, as HMRC published them for 1 to 31 March 2025. 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 March 2025

Units of each currency per £1, for 1 to 31 March 2025. Sorted by currency code.
Code Currency Units per £1 Period covered
AED Dirham 4.6219 1 to 31 March 2025
ALL Lek 119.6873 1 to 31 March 2025
AMD Dram 502.0095 1 to 31 March 2025
AOA Readj Kwanza 1,157.7733 1 to 31 March 2025
ARS Peso 1,331.6527 1 to 31 March 2025
AUD Dollar 1.9825 1 to 31 March 2025
AWG Florin 2.2528 1 to 31 March 2025
AZN New Manat 2.1395 1 to 31 March 2025
BAM Marka 2.3612 1 to 31 March 2025
BBD Dollar 2.517 1 to 31 March 2025
BDT Taka 152.8683 1 to 31 March 2025
BGN Lev 2.3612 1 to 31 March 2025
BHD Dinar 0.4732 1 to 31 March 2025
BIF Franc 3,722.9552 1 to 31 March 2025
BMD Dollar (US) 1.2585 1 to 31 March 2025
BND Dollar 1.6907 1 to 31 March 2025
BOB Boliviano 8.6876 1 to 31 March 2025
BRL Real 7.1666 1 to 31 March 2025
BSD Dollar 1.2585 1 to 31 March 2025
BTN Ngultrum 109.3298 1 to 31 March 2025
BWP Pula 17.4092 1 to 31 March 2025
BYN Rouble 4.1154 1 to 31 March 2025
BZD Dollar 2.5304 1 to 31 March 2025
CAD Dollar 1.7883 1 to 31 March 2025
CDF Congo Fr 3,601.5808 1 to 31 March 2025
CHF Franc 1.1377 1 to 31 March 2025
CLP Peso 1,196.5341 1 to 31 March 2025
CNY Yuan 9.1691 1 to 31 March 2025
COP Peso 5,150.8182 1 to 31 March 2025
CRC Colon 636.8279 1 to 31 March 2025
CUP Peso 30.16 1 to 31 March 2025
CVE Escudo 133.1244 1 to 31 March 2025
CZK Koruna 30.3302 1 to 31 March 2025
DJF Franc 223.9264 1 to 31 March 2025
DKK Krone 9.0048 1 to 31 March 2025
DOP Peso 78.291 1 to 31 March 2025
DZD Dinar 169.9846 1 to 31 March 2025
EGP Pound 63.6856 1 to 31 March 2025
ERN Nakfa 18.8779 1 to 31 March 2025
ETB Birr 159.5771 1 to 31 March 2025
EUR Euro 1.2073 1 to 31 March 2025
FJD Dollar 2.8941 1 to 31 March 2025
GEL Lari 3.5351 1 to 31 March 2025
GHS Cedi 19.5135 1 to 31 March 2025
GMD Dalasi 90.7412 1 to 31 March 2025
GNF Franc 10,886.06 1 to 31 March 2025
GTQ Quetzal 9.7094 1 to 31 March 2025
GYD Dollar 262.5026 1 to 31 March 2025
HKD Dollar 9.7879 1 to 31 March 2025
HNL Lempira 32.1522 1 to 31 March 2025
HTG Gourde 164.4098 1 to 31 March 2025
HUF Forint 486.1053 1 to 31 March 2025
IDR Rupiah 20,618.0248 1 to 31 March 2025
ILS Shekel 4.4633 1 to 31 March 2025
INR Rupee 109.3298 1 to 31 March 2025
IQD Dinar 1,648.2163 1 to 31 March 2025
ISK Krona 177.1133 1 to 31 March 2025
JMD Dollar 198.3261 1 to 31 March 2025
JOD Dinar 0.8923 1 to 31 March 2025
JPY Yen 191.1158 1 to 31 March 2025
KES Schilling 162.8423 1 to 31 March 2025
KGS Som 110.3835 1 to 31 March 2025
KHR Riel 5,046.5374 1 to 31 March 2025
KMF Franc 593.9321 1 to 31 March 2025
KRW Won 1,814.7341 1 to 31 March 2025
KWD Dinar 0.3887 1 to 31 March 2025
KYD Dollar 1.0411 1 to 31 March 2025
KZT Tenge 631.7082 1 to 31 March 2025
LAK Kip 27,365.5886 1 to 31 March 2025
LBP Pound 113,170.855 1 to 31 March 2025
LKR Rupee 372.8467 1 to 31 March 2025
LRD Dollar 251.0448 1 to 31 March 2025
LSL Loti 23.2761 1 to 31 March 2025
LYD Dinar 6.1766 1 to 31 March 2025
MAD Dirham 12.5669 1 to 31 March 2025
MDL Leu 23.4986 1 to 31 March 2025
MGA Malagasy Ariary 5,968.4995 1 to 31 March 2025
MKD Denar 74.1551 1 to 31 March 2025
MMK Kyat 2,641.5068 1 to 31 March 2025
MNT Tugrik 4,358.0099 1 to 31 March 2025
MOP Pataca 10.0815 1 to 31 March 2025
MRU Ouguiya 50.1434 1 to 31 March 2025
MUR Rupee 58.5157 1 to 31 March 2025
MVR Rufiyaa 19.4336 1 to 31 March 2025
MWK Kwacha 2,181.3451 1 to 31 March 2025
MXN Mexican Peso 25.5338 1 to 31 March 2025
MYR Ringgit 5.591 1 to 31 March 2025
MZN Metical 80.463 1 to 31 March 2025
NGN Naira 1,897.2684 1 to 31 March 2025
NIO Gold Cordoba 46.3084 1 to 31 March 2025
NOK Norwegian Krone 14.0375 1 to 31 March 2025
NPR Rupee 175.0097 1 to 31 March 2025
NZD Dollar 2.203 1 to 31 March 2025
OMR Rial 0.4845 1 to 31 March 2025
PAB Balboa 1.2585 1 to 31 March 2025
PEN New Sol 4.6579 1 to 31 March 2025
PGK Kina 5.0582 1 to 31 March 2025
PHP Peso 73.1956 1 to 31 March 2025
PKR Rupee 351.6952 1 to 31 March 2025
PLN Zloty 5.04 1 to 31 March 2025
PYG Guarani 9,892.5392 1 to 31 March 2025
QAR Riyal 4.581 1 to 31 March 2025
RON New Leu 6.0092 1 to 31 March 2025
RSD Dinar 141.4775 1 to 31 March 2025
RUB Rouble 113.035 1 to 31 March 2025
RWF Franc 1,771.9466 1 to 31 March 2025
SAR Riyal 4.7195 1 to 31 March 2025
SBD Dollar 10.7457 1 to 31 March 2025
SCR Rupee 18.1084 1 to 31 March 2025
SDG Pound 756.3721 1 to 31 March 2025
SEK Krona 13.5083 1 to 31 March 2025
SGD Dollar 1.6907 1 to 31 March 2025
SLE Leone 28.7309 1 to 31 March 2025
SOS Schilling 717.4147 1 to 31 March 2025
SRD Dollar 44.5691 1 to 31 March 2025
SVC Colon 11.0121 1 to 31 March 2025
SZL Lilangeni 23.2761 1 to 31 March 2025
THB Baht 42.4249 1 to 31 March 2025
TMT New Manat 4.4014 1 to 31 March 2025
TND Dinar 3.9949 1 to 31 March 2025
TOP Pa'anga (AUS) 3.031 1 to 31 March 2025
TRY Turkish Lira 45.6918 1 to 31 March 2025
TTD Dollar 8.5261 1 to 31 March 2025
TWD Dollar 41.2496 1 to 31 March 2025
TZS Schilling 3,270.8525 1 to 31 March 2025
UAH Hryvnia 52.4737 1 to 31 March 2025
UGX Schilling 4,625.6319 1 to 31 March 2025
USD Dollar 1.2585 1 to 31 March 2025
UYU Peso 54.4994 1 to 31 March 2025
UZS Sum 16,355.8673 1 to 31 March 2025
VED not held 78.1613 1 to 31 March 2025
VND Dong 32,125.3402 1 to 31 March 2025
VUV Vatu 155.391 1 to 31 March 2025
WST Tala 3.5558 1 to 31 March 2025
XAF CFA Franc 791.9095 1 to 31 March 2025
XCD E Caribbean Dollar 3.4073 1 to 31 March 2025
XOF CFA Franc 791.9095 1 to 31 March 2025
XPF CFP Franc 144.0642 1 to 31 March 2025
YER Rial 312.1097 1 to 31 March 2025
ZAR Rand 23.2761 1 to 31 March 2025
ZMW Kwacha 35.4802 1 to 31 March 2025
ZWG Zimbabwe Gold 33.2778 1 to 31 March 2025

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 March 2025:

https://www.trade-tariff.service.gov.uk/api/v2/exchange_rates/files/monthly_csv_2025-3.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.