ARCHIVED - Average Exchange Rates for 2001

RC4152 Rev. 02

This table provides the 2001 average exchange rates for the following currencies. It will help you to convert the amounts in the Old Age Security Return of Income to Canadian dollars.

Country
(monetary unit)

Exchange rate

Country (monetary unit)

Exchange rate

Argentina (peso)

1.5492

Japan (yen)

0.012755

Australia (dollar)

0.8008

Malaysia (ringgit)

0.4075

Austria (schilling)

0.10079

Mexico (nuevo peso)

0.1659

Bahamas (dollar)

1.5484

Morocco (dirham)

0.1372

Belgium and Luxembourg (franc)

0.03438

Netherlands (guilder)

0.6293

Brazil (new real)

0.6654

Netherlands Antilles (florin)

0.8699

Burma [Myanmar] (kyat)

0.2320

New Zealand (dollar)

0.6514

Chile (peso)

0.002451

Norway (krone)

0.1723

China (renminbi)

0.1871

Pakistan (rupee)

0.02513

Colombia (peso)

0.000673

Panama (balboa)

1.5484

Czech, Republic (koruna)

0.04073

Peru (nuevo sol)

0.4416

Denmark (krone)

0.1861

Philippines (peso)

0.03039

East Caribbean (E.C. dollar)

0.5765

Poland (zloty)

0.3782

European Monetary Union (euro)

1.3868

Portugal (escudo)

0.006918

Fiji (dollar)

0.6846

Russia (rouble)

0.05303

Finland (markka)

0.2332

Singapore (dollar)

0.8643

France, Monaco, and North Africa (franc)

0.2114

South Africa (rand)

0.1823

Communauté Financière Africaine (franc) C.F.A.

0.002114

South Korea (won)

0.001201

Comptoirs Français du Pacifique (franc) C.F.P.

0.01163

Spain (peseta)

0.008335

Germany (mark)

0.7091

Sri Lanka (rupee)

0.01733

Ghana (cedi)

0.000217

Sweden (krona)

0.1500

Greece (drachma)

0.004070

Switzerland (franc)

0.9184

Honduras (lempira)

0.1001

Taiwan (new Taiwan dollar)

0.04588

Hong Kong (dollar)

0.198527

Thailand (baht)

0.03481

Hungary (forint)

0.005404

Trinidad and Tobago (dollar)

0.2518

Iceland (krona)

0.01594

Tunisia (dinar)

1.0780

India (rupee)

0.03283

Turkey (lira)

0.013557

Indonesia (rupiah)

0.000152

United Kingdom (pound)

2.22975618

Ireland (pound)

1.7609

United States (dollar)

1.54841633

Israel (shekel)

0.3681

Venezuela (bolivar)

0.002141

Italy (lira)

0.000716

   

Example
Mr. White is a resident of Germany. He received 40,000 marks in interest from a savings account at a bank in Germany. Using the chart above, Mr. White has to do the following calculation to report his foreign income in Canadian dollars.

40,000 marks × 0.7091 exchange rate for Germany = 28,364.00 Canadian dollars

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