2015 Form 8938 and FBAR Currency Conversion Rates

Currency conversion is a critical part of preparing 2015 FBAR and Form 8938. This is why 2015 Form 8938 and FBAR Currency Conversion Rates are so important.

The 2015 Form 8938 and FBAR Currency Conversion Rates are the December 31, 2015 rates officially published by the U.S. Department of Treasury (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”). Recently, the Treasury Department published the FMS rates for December 31, 2015.

The 2015 Form 8938 and FBAR Currency Conversion Rates also serve for other purposes beyond the preparation of the 2015 FBAR and Form 8938.

The instructions to both forms, the FBAR and Form 8938, require (in case of Form 8938, this is the default choice) to use the 2015 Form 8938 and FBAR Currency Conversion Rates published by the Treasury Department.

For this reason, the 2015 Form 8938 and FBAR Currency Conversion Rates are very important to international tax lawyers and international tax accountants. For your convenience, Sherayzen Law Office provides the table below of the official 2015 Form 8938 and FBAR Currency Conversion Rates (keep in mind, you still need to refer to the official website for any updates).

Country Currency Foreign Currency to $1.00
Afghanistan Afghani 67.9000
Albania Lek 125.5400
Algeria Dinar 106.8780
Angola Kwanza 145.0000
Antigua-Barbuda East Caribbean Dollar 2.7000
Argentina Peso 12.9460
Armenia Dram 484.0000
Australia Dollar 1.3680
Austria Euro 0.9190
Azerbaijan Manat 1.6200
Bahamas Dollar 1.0000
Bahrain Dinar 0.3770
Bangladesh Taka 79.0000
Barbados Dollar 2.0200
Belarus Ruble 18555.0000
Belgium Euro 0.9190
Belize Dollar 2.0000
Benin CFA Franc 602.7900
Bermuda Dollar 1.0000
Bolivia Boliviano 6.8600
Bosnia-Hercegovina Marka 1.7970
Botswana Pula 11.2360
Brazil Real 3.9590
Brunei Dollar 1.4160
Bulgaria Lev 1.7970
Burkina Faso CFA Franc 602.7900
Burma-Myanmar Kyat 1311.0000
Burundi Franc 1600.0000
Cambodia (Khmer) Riel 4103.0000
Cameroon CFA Franc 602.6800
Canada Dollar 1.3860
Cape Verde Escudo 101.2220
Cayman Islands Dollar 1.0000
Central African Republic CFA Franc 602.6800
Chad CFA Franc 602.6800
Chile Peso 709.9800
China Renminbi 6.4920
Colombia Peso 3169.2800
Comoros Franc 435.3000
Congo CFA Franc 602.6800
Congo, Dem. Rep Congolese Franc 920.0000
Costa Rica Colon 531.9400
Cote D’Ivoire CFA Franc 602.7900
Croatia Kuna 6.8200
Cuba Peso 1.0000
Cyprus Euro 0.9190
Czech Republic Koruna 24.2030
Denmark Krone 6.8560
Djibouti Franc 177.0000
Dominican Republic Peso 45.4000
Ecuador Dolares 1.0000
Egypt Pound 7.8300
El Salvador Dolares 1.0000
Equatorial Guinea CFA Franc 602.6800
Eritrea Nakfa 15.0000
Estonia Euro 0.9190
Ethiopia Birr 21.0700
Euro Zone Euro 0.9190
Fiji Dollar 2.1250
Finland Euro 0.9190
France Euro 0.9190
Gabon CFA Franc 602.6800
Gambia Dalasi 40.0000
Georgia Lari 2.4000
Germany FRG Euro 0.9190
Ghana Cedi 3.8200
Greece Euro 0.9190
Grenada East Carribean Dollar 2.7000
Guatemala Quentzel 7.6320
Guinea Franc 8004.0000
Guinea Bissau CFA Franc 602.7900
Guyana Dollar 202.0000
Haiti Gourde 56.5840
Honduras Lempira 22.3000
Hong Kong Dollar 7.7500
Hungary Forint 289.9800
Iceland Krona 129.6700
India Rupee 66.1000
Indonesia Rupiah 13550.0000
Iran Rial 29830.0000
Iraq Dinar 1166.0000
Ireland Euro 0.9190
Israel Shekel 3.8990
Italy Euro 0.9190
Jamaica Dollar 118.7000
Japan Yen 120.4200
Jerusalem Shekel 3.8990
Jordan Dinar 0.7080
Kazakhstan Tenge 339.5000
Kenya Shilling 102.2000
Korea Won 1175.9000
Kuwait Dinar 0.3030
Kyrgyzstan Som 75.5000
Laos Kip 8128.0000
Latvia Euro 0.9190
Lebanon Pound 1500.0000
Lesotho South African Rand 15.5560
Liberia Dollar 88.0000
Libya Dinar 1.3890
Lithuania Euro 0.9190
Luxembourg Euro 0.9190
Macao Mop 8.0000
Macedonia FYROM Denar 56.2900
Madagascar Aria 3196.0000
Malawi Kwacha 662.0000
Malaysia Ringgit 4.2900
Mali CFA Franc 602.7900
Malta Euro 0.9190
Marshall Islands Dollar 1.0000
Martinique Euro 0.9190
Mauritania Ouguiya 330.0000
Mauritius Rupee 35.8000
Mexico New Peso 17.3620
Micronesia Dollar 1.0000
Moldova Leu 19.6000
Mongolia Tugrik 1967.0500
Montenegro Euro 0.9190
Morocco Dirham 9.8740
Mozambique Metical 45.50000
Namibia Dollar 15.5560
Nepal Rupee 105.7500
Netherlands Euro 0.9190
Netherlands Antilles Guilder 1.7800
New Zealand Dollar 1.4610
Nicaragua Cordoba 27.8600
Niger CFA Franc 602.7900
Nigeria Naira 198.9000
Norway Krone 8.8290
Oman Rial 0.3850
Pakistan Rupee 104.7000
Palau Dollar 1.0000
Panama Balboa 1.0000
Papua New Guinea Kina 2.9410
Paraguay Guarani 5750.0000
Peru Nuevo Sol 3.3940
Philippines Peso 46.8360
Poland Zloty 3.9170
Portugal Euro 0.9190
Qatar Riyal 3.6410
Romania Leu 4.1540
Russia Ruble 73.7950
Rwanda Franc 742.3300
Sao Tome & Principe Dobras 22350.3086
Saudi Arabia Riyal 3.7500
Senegal CFA Franc 602.7900
Serbia Dinar 111.2500
Seychelles Rupee 13.0440
Sierra Leone Leone 5750.0000
Singapore Dollar 1.4160
Slovak Republic Euro 0.9190
Slovenia Euro 0.9190
Solomon Islands Dollar 8.0710
South Africa Rand 15.5560
South Sudananese Pound 18.5500
Spain Euro 0.9190
Sri Lanka Rupee 144.1500
St Lucia East Carribean Dollar 2.7000
Sudan Pound 6.6000
Suriname Guilder 4.0000
Swaziland Lilangeni 15.5560
Sweden Krona 8.4430
Switzerland Franc 0.9940
Syria Pound 219.6500
Taiwan Dollar 32.8740
Tajikistan Somoni 7.0000
Tanzania Shilling 2155.0000
Thailand Baht 36.0500
Timor-Leste Dili 1.0000
Togo CFA Franc 602.7900
Tonga Pa’anga 2.1270
Trinidad & Tobago Dollar 6.4040
Tunisia Dinar 2.0330
Turkey Lira 2.9180
Turkmenistan Manat 3.4910
Uganda Shilling 3378.0000
Ukraine Hryvnia 23.9520
United Arab Emirates Dirham 3.6730
United Kingdom Pound Sterling 0.6750
Uruguay New Peso 29.8900
Uzbekistan Som 2857.0000
Vanuatu Vatu 108.5500
Venezuela New Bolivar 6.3000
Vietnam Dong 22480.0000
Western Samoa Tala 2.5020
Yemen Rial 214.5000
Zambia Kwacha (New) 10.9900
Zambia Kwacha 5455.0000
Zimbabwe Dollar 1.0000

1. Lesotho’s loti is pegged to South African Rand 1:1 basis
2. Macao is also spelled Macau: currency is Macanese pataka
3. Macedonia: due to the conflict over name with Greece, the official name if FYROM – Former Yugoslav Republic of Macedonia.
4. Please, refer to the Treasury’s website for amendments regarding any reportable transactions in January, February, and March of 2015.

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