Visit the national COVID-19 Online Resource and News Portal at www.sacoronavirus.co.za or see SARS COVID-19 news items and tax relief measures here.

FAQ: How do I convert income measured in a foreign currency to Rands?

It can be converted by using either:

  • The spot rate; or
  • The average exchange rate for the relevant year of assessment.

Last Updated:

Share this page on:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Share on print
Print