ARCHIVED - Average Exchange Rates for 2002
RC4152 Rev. 03
This table provides the 2002 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 |
Exchange rate |
Country (monetary unit) |
Exchange rate |
|---|---|---|---|
| Argentina (peso) |
1.5988 |
Morocco (dirham) |
0.1426 |
| Australia (dollar) |
0.8535 |
Netherlands Antilles (guilder) |
0.8822 |
| Bahamas (dollar) |
1.5704 |
New Zealand (dollar) |
0.7291 |
| Brazil (new real) |
0.5568 |
Norway (krone) |
0.1977 |
| Burma [Myanmar] (kyat) |
0.2389 |
Pakistan (rupee) |
0.02637 |
| Chile (peso) |
0.002283 |
Panama (balboa) |
1.5704 |
| China (renminbi) |
0.1897 |
Peru (nuevo sol) |
0.4467 |
| Colombia (peso) |
0.000632 |
Philippines (peso) |
0.03045 |
| Croatia (kuna) |
0.2028 |
Poland (zloty) |
0.3850 |
| Czech Republic (koruna) |
0.04819 |
Russia (rouble) |
0.05005 |
| Denmark (krone) |
0.1996 |
Singapore (dollar) |
0.8771 |
| East Caribbean (E.C. dollar) |
0.5881 |
Slovakia (koruna) |
0.03510 |
| European Monetary Union (euro) |
1.4832 |
Slovenia (tolar) |
0.006605 |
| Fiji (dollar) |
0.7234 |
South Africa (rand) |
0.1501 |
| Communauté Financière Africaine (franc) C.F.A. |
0.002261 |
South Korea (won) |
0.001262 |
| Communauté Française du Pacifique (franc) C.F.P. |
0.01243 |
Sri Lanka (rupee) |
0.01643 |
| Ghana (cedi) |
0.000201 |
Sweden (krona) |
0.1619 |
| Honduras (lempira) |
0.09566 |
Switzerland (franc) |
1.0112 |
| Hong Kong (dollar) |
0.201343 |
Taiwan (new Taiwan dollar) |
0.04553 |
| Hungary (forint) |
0.006109 |
Thailand (baht) |
0.03652 |
| Iceland (krona) |
0.01722 |
Trinidad and Tobago (dollar) |
0.2572 |
| India (rupee) |
0.03233 |
Tunisia (dinar) |
1.1058 |
| Indonesia (rupiah) |
0.000168 |
Turkey (lira) |
0.010470 |
| Israel (shekel) |
0.3317 |
United Kingdom (pound) |
2.35817530 |
| Japan (yen) |
0.012554 |
United States (dollar) |
1.57035976 |
| Malaysia (ringgit) |
0.4132 |
Venezuela (bolivar) |
0.001431 |
| Mexico (nuevo peso) |
0.1630 |
Example
Mr. White is a resident of Sweden. He received 40,000 kronas in interest from a savings account at a bank in Sweden. Using the chart above, Mr. White has to do the following calculation to report his foreign income in Canadian dollars.
40,000 kronas × 0.1619 exchange rate for Sweden = 6,476.00 Canadian dollars