ARCHIVED - Average Exchange Rates for 1999
RC4152 Rev. 99
As of November 1, 1999, Revenue Canada became the Canada Customs and Revenue Agency.This table provides the exchange rates for 1999 for currencies in the following countries. It will help you to convert the amounts in the Old Age Security Return of Income to Canadian dollars.
| Country |
Exchange rate |
Country (monetary unit) |
Exchange rate |
|---|---|---|---|
| Argentina (peso) | 1.4862 | Malaysia (ringgit) | 0.3911 |
| Australia (dollar) | 0.9589 | Mexico (nuevo peso) | 0.1556 |
| Austria (schilling) | 0.1152 | Morocco (dirham) | 0.1398 |
| Bahamas (dollar) | 1.4858 | Netherlands (guilder) | 0.7191 |
| Belgium and Luxembourg (franc) | 0.03928 | Netherlands Antilles (florin) | 0.8400 |
| Brazil (new real) | 0.8246 | New Zealand (dollar) | 0.7868 |
| Burma (kyat) | 0.2388 | Norway (krone) | 0.1905 |
| Chile (peso) | 0.002926 | Pakistan (rupee) | 0.02893 |
| China (renminbi) | 0.1795 | Panama (balboa) | 1.4858 |
| Colombia (peso) | 0.000854 | Peru (nuevo sol) | 0.4396 |
| Denmark (krone) | 0.2131 | Philippines (peso) | 0.03803 |
| East Caribbean (E.C. dollar) | 0.5504 | Portugal and colonies (escudo) | 0.007904 |
| European Monetary Union (euro) | 1.5847 | Singapore (dollar) | 0.8768 |
| Fiji (dollar) | 0.7557 | South Africa (rand) | 0.2430 |
| Finland (markka) | 0.2665 | South Korea (won) | 0.001250 |
| France, Monaco, and North Africa (franc) | 0.2416 | Spain and colonies (peseta) | 0.009524 |
| Germany (mark) | 0.8102 | Sri Lanka (rupee) | 0.02102 |
| Ghana (cedi) | 0.000562 | Sweden (krona) | 0.1799 |
| Greece (drachma) | 0.004868 | Switzerland (franc) | 0.9901 |
| Honduras (lempira) | 0.1044 | Taiwan (new Taiwan dollar) | 0.04608 |
| Hong Kong (dollar) | 0.191499 | Thailand (baht) | 0.03929 |
| Iceland (krona) | 0.02052 | Trinidad and Tobago (dollar) | 0.2395 |
| India (rupee) | 0.03452 | Tunisia (dinar) | 1.2535 |
| Ireland (pound) | 2.0122 | Turkey (lira) | 0.00004 |
| Israel (shekel) | 0.3590 | United Kingdom (pound) | 2.40376733 |
| Italy (lira) | 0.000818 | United States (dollar) | 1.48584024 |
| Japan (yen) | 0.01311 | Venezuela (bolivar) | 0.002457 |
Example
Mr. White is a resident of Iceland. He received 40,000 kronas in interest from a savings account at a bank in Iceland. Using the chart above, Mr. White has to do the following calculation to report his foreign income in Canadian dollars.
40,000 kronas × 0.02052 exchange rate for Iceland = 820.80 Canadian dollars