ARCHIVED - Average Exchange Rates for 1998

Use these rates if you need to convert your income or deductions to Canadian dollars.

1998 Monthly Average Exchange Rates for the United States (U.S.) Dollar and United Kingdom (U.K.) Pound

Country (monetary unit)	Exchange rate	Country (monetary unit)	Exchange rate
Argentina (peso)	1.4835	Mexico (nuevo peso)	0.1628
Australia (dollar)	0.9330	Morocco (dirham)	0.1547
Austria (schilling)	0.1201	Netherlands (guilder)	0.7496
Bahamas (dollar)	1.4831	Netherlands Antilles (florin)	0.8286
Belgium and Luxembourg (franc)	0.04096	New Zealand (dollar)	0.7953
Brazil (new real)	1.2729	Norway (krone)	0.1965
Burma (kyat)	0.2366	Pakistan (rupee)	0.03074
Chile (peso)	0.003221	Panama (balboa)	1.4831
China (renminbi)	0.1792	Peru (nuevo sol)	0.5071
Colombia (peso)	0.001042	Philippines (peso)	0.03630
Communauté Financière Africaine (franc)	0.002520	Portugal (escudo)	0.008250
Comptoirs Française du Pacifique (franc)	0.01386	Singapore (dollar)	0.8879
Denmark (krone)	0.2218	South Africa (rand)	0.2697
East Caribbean (E.C. dollar)	0.5493	South Korea (won)	0.001071
European Economic Community (ecu)	1.66679	Spain (peseta)	0.009952
Fiji (dollar)	0..7558	Sri Lanka (rupee)	0.02287
Finland (markka)	0.2781	Sweden (krona)	0.1865
France, Monaco, and North Africa (franc)	0.2520	Switzerland (franc)	1.0258
Germany (mark)	0.8450	Taiwan (new Taiwan $)	0.04433
Ghana (codi)	0.000639	Thailand (baht)	0.03638
Greece (drachma)	0.005033	Trinidad and Tobago (dollar)	0.2381
Honduras (lempira)	0.1104	Tunisia (dinar)	1.3056
Hong Kong (dollar)	0.1915	Turkey (lira)	0.000006
Iceland (krona)	0.02086	United Kingdom (pound)	2.45867649
India (rupee)	0.03596	United States (dollar)	1.48310319
Ireland (pound)	2.1163	Venezuela (bolivar)	0.002710
Israel (shekel)	0.3914	Italy (lira)	0.000856
Japan (yen)	0.01139	Malaysia (ringgit)	0.3794