Treasury Reporting Rates of Exchange
Jan 4th 2024 | 11:25 pm
#1
Thread Starter
BE Forum Addict
Joined: Aug 2013
Posts: 2,218
From: Athens GA
Treasury Reporting Rates of Exchange
The December 31, 2023 rate, which is required for FBAR calculations, is now available. GBP/USD rate is 0.786.
It can be found on Page 16 here: https://fiscaldata.treasury.gov/data...es-of-exchange
It can be found on Page 16 here: https://fiscaldata.treasury.gov/data...es-of-exchange
Jan 5th 2024 | 2:26 am
#2
Forum Regular
Joined: Mar 2017
Posts: 78
From: Elizabethtown, PA
Re: Treasury Reporting Rates of Exchange
Thanks for that. Just to confirm my math is correct on this, for getting the UK to USD rate it's 1/0.786 so a 1.272 GBP to USD exchange rate?
As an example, UK account with 10,500 GBP would be $13,356 for the FBAR report?
As an example, UK account with 10,500 GBP would be $13,356 for the FBAR report?
Jan 5th 2024 | 5:29 am
#3
Thread Starter
BE Forum Addict
Joined: Aug 2013
Posts: 2,218
From: Athens GA
Re: Treasury Reporting Rates of Exchange
