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FBar £=$ Conversion Rate

FBar £=$ Conversion Rate

Old Feb 20th 2012, 7:41 pm
  #1  
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Question FBar £=$ Conversion Rate

I want to file the FBar required for 2011:
The Instructions accompanying Form TD F 90-22.1 say that to declare the maximum value of the account during the year in question one should use the conversion rate on 31 Dec 2011 which is posted at: www.fms.treas.gov
However the rates given on this chart are all for converting dollars - in my case - to pounds sterling.
My 3 pensions in UK are in pounds.
I need the rate going from pounds TO dollars.
Where is one supposed to get that info?
What have other FBar filers done? (ie What was the pound sterling to dollar rate - according to US Treasury - on that date?)
Any help would be appreciated
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Old Feb 20th 2012, 9:32 pm
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Default Re: FBar £=$ Conversion Rate

To get the rate the other way around just divide 1 by the rate listed
ie 1 / 0.637 = 1.5698 (1.57). I don't see why that shouldn't be correct
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Old Feb 20th 2012, 9:40 pm
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Default Re: FBar £=$ Conversion Rate

Originally Posted by MMcD View Post
Any help would be appreciated
http://www.xe.com/ict/

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Old Feb 20th 2012, 10:42 pm
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Default Re: FBar £=$ Conversion Rate

Thanks to you both....it's so easy (once you know how)
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