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2025 FBAR Conversion Rates | FBAR International Tax Lawyer

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The 2025 FBAR conversion rates are very important for your US international tax compliance. The reason for their importance is their relation to FBAR (FinCEN Form 114) and the IRS Form 8938. The 2025 FBAR and 2025 Form 8938 instructions both require that 2025 FBAR conversion rates be used to report the required highest balances of foreign financial assets on these forms (in the case of Form 8938, the 2025 FBAR conversion rates is the default choice, not an exclusive one). In other words, the 2025 FBAR conversion rates are used to translate foreign-currency highest balances into US dollars for the purposes of FBAR and Form 8938 compliance.

The U.S. Department of Treasury  already published the 2025 FBAR conversion rates online (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”).

Since the 2025 FBAR conversion rates are highly important to US taxpayers, international tax lawyers and international tax accountants, Sherayzen Law Office provides the table below listing the official 2025 FBAR conversion rates (note that the readers still need to refer to the official website for any updates).

Country – Currency Foreign Currency to $1.00
AFGHANISTAN – AFGHANI65.9600
ALBANIA – LEK81.8500
ALGERIA – DINAR128.9210
ANGOLA – KWANZA912.2860
ANTIGUA – BARBUDA – E. CARIBBEAN DOLLAR2.7000
ARGENTINA – PESO1,480.0000
ARMENIA – DRAM380.0000
AUSTRALIA – DOLLAR1.4950
AUSTRIA – EURO0.8510
AZERBAIJAN – MANAT1.7000
BAHAMAS – DOLLAR1.0000
BAHRAIN – DINAR0.3770
BANGLADESH – TAKA123.0000
BARBADOS – DOLLAR2.0200
BELARUS – NEW RUBLEUNAVAILABLE*
BELGIUM – EURO0.8510
BELIZE – DOLLAR2.0000
BENIN – CFA FRANC553.7500
BERMUDA – DOLLAR1.0000
BOLIVIA – BOLIVIANO6.8500
BOSNIA – MARKA1.6640
BOTSWANA – PULA12.1360
BRAZIL – REAL5.4770
BRUNEI – DOLLAR1.2850
BULGARIA – LEV NEW1.6640
BURKINA FASO – CFA FRANC553.7500
BURUNDI – FRANC3,000.0000
CAMBODIA – RIEL4,001.0000
CAMEROON – CFA FRANC556.4400
CANADA – DOLLAR1.3690
CAPE VERDE – ESCUDO93.8100
CAYMAN ISLANDS – DOLLAR0.8200
CENTRAL AFRICAN REPUBLIC – CFA FRANC556.4400
CHAD – CFA FRANC556.4400
CHILE – PESO900.3500
CHINA – RENMINBI6.9980
COLOMBIA – PESO3,773.6200
COMOROS – FRANC418.2400
CONGO – CFA FRANC556.4400
COSTA RICA – COLON493.3600
COTE D’IVOIRE – CFA FRANC553.7500
CROATIA – EURO0.8510
CUBA – Chavito1.0000
CUBA – PESO24.0000
CURACAO – CARIBBEAN GUILDER1.7800
CYPRUS – EURO0.8510
CZECH REPUBLIC – KORUNA20.1010
DEM. REP. OF CONGO – CONGOLESE FRANC2,215.0000
DENMARK – KRONE6.3550
DJIBOUTI – FRANC177.0000
DOMINICAN REPUBLIC – PESO62.7600
ECUADOR – DOLARES1.0000
EGYPT – POUND47.6000
EL SALVADOR – DOLLAR1.0000
EQUATORIAL GUINEA – CFA FRANC556.4400
ERITREA – NAKFA15.0000
ESTONIA – EURO0.8510
ESWATINI – LILANGENI16.5460
ETHIOPIA – BIRR154.6640
EURO ZONE – EURO0.8510
FIJI – DOLLAR2.2300
FINLAND – EURO0.8510
FRANCE – EURO0.8510
GABON – CFA FRANC556.4400
GAMBIA – DALASI72.0000
GEORGIA – LARI2.6650
GERMANY – EURO0.8510
GHANA – CEDI10.4000
GREECE – EURO0.8510
GRENADA – EAST CARIBBEAN DOLLAR2.7000
GUATEMALA – QUETZAL7.6600
GUINEA BISSAU – CFA FRANC553.7500
GUINEA – FRANC8,717.0000
GUYANA – DOLLAR215.0000
HAITI – GOURDE130.5500
HONDURAS – LEMPIRA26.3260
HONG KONG – DOLLAR7.7840
HUNGARY – FORINT327.2200
ICELAND – KRONA125.1100
INDIA – RUPEE89.8540
INDONESIA – RUPIAH16,649.9900
IRAN – RIAL42,000.0000
IRAQ – DINAR1,309.5000
IRELAND – EURO0.8510
ISRAEL – SHEKEL3.1910
ITALY – EURO0.8510
JAMAICA – DOLLAR159.0000
JAPAN – YEN156.6100
JORDAN – DINAR0.7080
KAZAKHSTAN – TENGE506.2800
KENYA – SHILLING128.9000
KOREA – WON1,443.7500
KOSOVO – EURO0.8510
KUWAIT – DINAR0.3080
KYRGYZSTAN – SOM87.4120
LAOS – KIP21,503.0000
LATVIA – EURO0.8510
LEBANON – POUND89,500.0000
LESOTHO – MALOTI16.5460
LIBERIA – DOLLAR177.0000
LIBYA – DINAR5.4020
LITHUANIA – EURO0.8510
LUXEMBOURG – EURO0.8510
MADAGASCAR – ARIARY4,470.0000
MALAWI – KWACHA1,751.0000
MALAYSIA – RINGGIT4.0560
MALDIVES – RUFIYAA15.4200
MALI – CFA FRANC553.7500
MALTA – EURO0.8510
MARSHALL ISLANDS – DOLLAR1.0000
MAURITANIA – OUGUIYA39.7990
MAURITIUS – RUPEE46.1000
MEXICO – PESO17.9560
MICRONESIA – DOLLAR1.0000
MOLDOVA – LEU16.6900
MONGOLIA – TUGRIK3,557.0000
MONTENEGRO – EURO0.8510
MOROCCO – DIRHAM9.1010
MOZAMBIQUE – METICAL 63.2700
MYANMAR – KYAT3,658.0000
NAMIBIA – DOLLAR16.5460
NEPAL – RUPEE143.7900
NETHERLANDS – EURO0.8510
NEW ZEALAND – DOLLAR1.7330
NICARAGUA – CORDOBA36.6000
NIGER – CFA FRANC553.7500
NIGERIA – NAIRA1,450.0000
NORWAY – KRONE10.0720
OMAN – RIAL0.3850
PAKISTAN – RUPEE279.8000
PALAU – DOLLAR1.0000
PANAMA – DOLARES1.0000
PAPUA NEW GUINEA – KINA4.1240
PARAGUAY – GUARANI6,554.6100
PERU – SOL3.3620
PHILIPPINES – PESO58.9110
POLAND – ZLOTY3.5900
PORTUGAL – EURO0.8510
QATAR – RIYAL3.6400
REP. OF N MACEDONIA – DENAR52.1600
ROMANIA – NEW LEU4.3340
RUSSIA – RUBLE81.9960
RWANDA – FRANC1,450.0000
SAO TOME & PRINCIPE – NEW DOBRAS20.8420
SAUDI ARABIA – RIYAL3.7500
SENEGAL – CFA FRANC553.7500
SERBIA – DINAR99.7100
SEYCHELLES – RUPEE13.8130
SIERRA LEONE – LEONE23.7000
SINGAPORE – DOLLAR1.2850
SLOVAK REPUBLIC – EURO0.8510
SLOVENIA – EURO0.8510
SOLOMON ISLANDS – DOLLAR7.9050
SOMALI – SHILLING567.0000
SOUTH AFRICA – RAND16.5460
SOUTH SUDAN – SUDANESE POUND4,600.0000
SPAIN – EURO0.8510
SRI LANKA – RUPEE309.4000
ST LUCIA – E CARIBBEAN DOLLAR2.7000
SUDAN – SUDANESE POUND2,400.0000
SURINAME – GUILDER37.8070
SWEDEN – KRONA9.1970
SWITZERLAND – FRANC0.7920
SYRIA – POUND11,000.0000
TAIWAN – DOLLAR31.3240
TAJIKISTAN – SOMONI9.2000
TANZANIA – SHILLING2,440.0000
THAILAND – BAHT31.6600
TIMOR – LESTE DILI1.0000
TOGO – CFA FRANC553.7500
TONGA – PA’ANGA2.3540
TRINIDAD & TOBAGO – DOLLAR6.7680
TUNISIA – DINAR2.8670
TURKEY – NEW LIRA42.9510
TURKMENISTAN – NEW MANAT3.4910
UGANDA – SHILLING3,615.0000
UKRAINE – HRYVNIA42.1950
UNITED ARAB EMIRATES – DIRHAM3.6720
UNITED KINGDOM – POUND STERLING0.7430
URUGUAY – PESO39.1400
UZBEKISTAN – SOM11,999.4100
VANUATU – VATU119.1300
VENEZUELA – BOLIVAR SOBERANO300.6180
VENEZUELA – FUERTE (OLD)248,832.0000
VIETNAM – DONG26,295.0000
WESTERN SAMOA – TALA2.7080
YEMEN – RIAL528.0000
ZAMBIA – NEW KWACHA22.0000
ZIMBABWE – GOLD25.0710

*Note #1: As of the time of this article, the Department of Treasury still has not published the FBAR rate for Belarus. Please, consult the Department of the Treasury for clarification.

2024 FBAR Conversion Rates | FBAR International Tax Lawyer

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The 2024 FBAR conversion rates are very important for your US international tax compliance. The reason for their importance is their relation to FBAR (FinCEN Form 114) and the IRS Form 8938. The 2024 FBAR and 2024 Form 8938 instructions both require that 2024 FBAR conversion rates be used to report the required highest balances of foreign financial assets on these forms (in the case of Form 8938, the 2024 FBAR conversion rates is the default choice, not an exclusive one). In other words, the 2024 FBAR conversion rates are used to translate foreign-currency highest balances into US dollars for the purposes of FBAR and Form 8938 compliance.

The U.S. Department of Treasury  already published the 2024 FBAR conversion rates online (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”).

Since the 2024 FBAR conversion rates are highly important to US taxpayers, international tax lawyers and international tax accountants, Sherayzen Law Office provides the table below listing the official 2024 FBAR conversion rates (note that the readers still need to refer to the official website for any updates).

Country – Currency Foreign Currency to $1.00
AFGHANISTAN – AFGHANI70.3500
ALBANIA – LEK93.8500
ALGERIA – DINAR135.1030
ANGOLA – KWANZA912.0000
ANTIGUA – BARBUDA – E. CARIBBEAN DOLLAR2.7000
ARGENTINA – PESO1052.5000
ARMENIA – DRAM390.0000
AUSTRALIA – DOLLAR1.6120
AUSTRIA – EURO0.9610
AZERBAIJAN – MANAT1.7000
BAHAMAS – DOLLAR1.0000
BAHRAIN – DINAR0.3770
BANGLADESH – TAKA119.0000
BARBADOS – DOLLAR2.0200
BELARUS – NEW RUBLEUNAVAILABLE*
BELGIUM – EURO0.9610
BELIZE – DOLLAR2.0000
BENIN – CFA FRANC626.0000
BERMUDA – DOLLAR1.0000
BOLIVIA – BOLIVIANO6.8600
BOSNIA – MARKA1.8800
BOTSWANA – PULA13.9670
BRAZIL – REAL6.1840
BRUNEI – DOLLAR1.3630
BULGARIA – LEV NEW1.8800
BURKINA FASO – CFA FRANC626.0000
BURUNDI – FRANC2900.0000
CAMBODIA – RIEL4015.0000
CAMEROON – CFA FRANC630.5500
CANADA – DOLLAR1.4380
CAPE VERDE – ESCUDO105.9900
CAYMAN ISLANDS – DOLLAR0.8200
CENTRAL AFRICAN REPUBLIC – CFA FRANC630.5500
CHAD – CFA FRANC630.5500
CHILE – PESO992.6000
CHINA – RENMINBI7.2990
COLOMBIA – PESO4402.4900
COMOROS – FRANC473.2900
CONGO – CFA FRANC630.5500
COSTA RICA – COLON506.0000
COTE D’IVOIRE – CFA FRANC626.0000
CROATIA – EURO0.9610
CUBA – Chavito1.0000
CUBA – PESO24.0000
CYPRUS – EURO0.9610
CZECH REPUBLIC – KORUNA23.5380
DEM. REP. OF CONGO – CONGOLESE FRANC2843.0000
DENMARK – KRONE7.1700
DJIBOUTI – FRANC177.0000
DOMINICAN REPUBLIC – PESO60.7100
ECUADOR – DOLARES1.0000
EGYPT – POUND50.7900
EL SALVADOR – DOLLAR1.0000
EQUATORIAL GUINEA – CFA FRANC630.5500
ERITREA – NAKFA15.0000
ESTONIA – EURO0.9610
ESWATINI – LILANGENI18.8500
ETHIOPIA – BIRR125.3830
EURO ZONE – EURO0.9610
FIJI – DOLLAR2.2890
FINLAND – EURO0.9610
FRANCE – EURO0.9610
GABON – CFA FRANC630.5500
GAMBIA – DALASI70.0000
GEORGIA – LARI2.7800
GERMANY – EURO0.9610
GHANA – CEDI14.6500
GREECE – EURO0.9610
GRENADA – EAST CARIBBEAN DOLLAR2.7000
GUATEMALA – QUETZAL7.7000
GUINEA BISSAU – CFA FRANC626.0000
GUINEA – FRANC8602.0000
GUYANA – DOLLAR215.0000
HAITI – GOURDE130.1930
HONDURAS – LEMPIRA25.3150
HONG KONG – DOLLAR7.7660
HUNGARY – FORINT395.3200
ICELAND – KRONA138.1900
INDIA – RUPEE85.5770
INDONESIA – RUPIAH16067.1300
IRAN – RIAL42000.0000
IRAQ – DINAR1309.0000
IRELAND – EURO0.9610
ISRAEL – SHEKEL3.6470
ITALY – EURO0.9610
JAMAICA – DOLLAR159.0000
JAPAN – YEN156.8500
JORDAN – DINAR0.7080
KAZAKHSTAN – TENGE524.6000
KENYA – SHILLING128.8500
KOREA – WON1473.2700
KOSOVO – EURO0.9610
KUWAIT – DINAR0.3080
KYRGYZSTAN – SOM86.9990
LAOS – KIP21744.0000
LATVIA – EURO0.9610
LEBANON – POUND89500.0000
LESOTHO – MALOTI18.8500
LIBERIA – DOLLAR183.0000
LIBYA – DINAR4.9040
LITHUANIA – EURO0.9610
LUXEMBOURG – EURO0.9610
MADAGASCAR – ARIARY4620.0000
MALAWI – KWACHA1751.0000
MALAYSIA – RINGGIT4.4680
MALDIVES – RUFIYAA15.4200
MALI – CFA FRANC626.0000
MALTA – EURO0.9610
MARSHALL ISLANDS – DOLLAR1.0000
MAURITANIA – OUGUIYA39.7140
MAURITIUS – RUPEE46.9300
MEXICO – PESO20.7040
MICRONESIA – DOLLAR1.0000
MOLDOVA – LEU18.3000
MONGOLIA – TUGRIK3420.0000
MONTENEGRO – EURO0.9610
MOROCCO – DIRHAM10.1030
MOZAMBIQUE – METICAL 63.2700
MYANMAR – KYAT3596.0000
NAMIBIA – DOLLAR18.8500
NEPAL – RUPEE136.9800
NETHERLANDS – EURO0.9610
NETHERLANDS ANTILLES – GUILDER1.7800
NEW ZEALAND – DOLLAR1.7810
NICARAGUA – CORDOBA36.6000
NIGER – CFA FRANC626.0000
NIGERIA – NAIRA1540.0000
NORWAY – KRONE11.3220
OMAN – RIAL0.3850
PAKISTAN – RUPEE278.4000
PALAU – DOLLAR1.0000
PANAMA – DOLARES1.0000
PAPUA NEW GUINEA – KINA3.9920
PARAGUAY – GUARANI7793.7200
PERU – SOL3.7570
PHILIPPINES – PESO58.0250
POLAND – ZLOTY4.1080
PORTUGAL – EURO0.9610
QATAR – RIYAL3.6450
REP. OF N MACEDONIA – DENAR58.8600
ROMANIA – NEW LEU4.7790
RUSSIA – RUBLE108.0000
RWANDA – FRANC1340.0000
SAO TOME & PRINCIPE – NEW DOBRAS23.4790
SAUDI ARABIA – RIYAL3.7500
SENEGAL – CFA FRANC626.0000
SERBIA – DINAR112.3200
SEYCHELLES – RUPEE14.3550
SIERRA LEONE – LEONE22.5900
SIERRA LEONE – OLD LEONE21.4000
SINGAPORE – DOLLAR1.3630
SLOVAK REPUBLIC – EURO0.9610
SLOVENIA – EURO0.9610
SOLOMON ISLANDS – DOLLAR8.0650
SOMALI – SHILLING568.0000
SOUTH AFRICA – RAND18.8500
SOUTH SUDAN – SUDANESE POUND3900.0000
SPAIN – EURO0.9610
SRI LANKA – RUPEE293.0000
ST LUCIA – E CARIBBEAN DOLLAR2.7000
SUDAN – SUDANESE POUND1987.0000
SURINAME – GUILDER35.1920
SWEDEN – KRONA11.0060
SWITZERLAND – FRANC0.9050
SYRIA – POUND12625.0000
TAIWAN – DOLLAR32.7090
TAJIKISTAN – SOMONI10.8500
TANZANIA – SHILLING2400.0000
THAILAND – BAHT34.3300
TIMOR – LESTE DILI1.0000
TOGO – CFA FRANC626.0000
TONGA – PA’ANGA2.3560
TRINIDAD & TOBAGO – DOLLAR6.7660
TUNISIA – DINAR3.1800
TURKEY – NEW LIRA35.3650
TURKMENISTAN – NEW MANAT3.4910
UGANDA – SHILLING3674.0000
UKRAINE – HRYVNIA42.0420
UNITED ARAB EMIRATES – DIRHAM3.6730
UNITED KINGDOM – POUND STERLING0.7970
URUGUAY – PESO43.6600
UZBEKISTAN – SOM12899.9000
VANUATU – VATU116.0000
VENEZUELA – BOLIVAR SOBERANO51.8970
VENEZUELA – FUERTE (OLD)248832.0000
VIETNAM – DONG25480.0000
WESTERN SAMOA – TALA2.7400
YEMEN – RIAL528.0000
ZAMBIA – NEW KWACHA27.7750
ZIMBABWE – GOLD25.0250

*Note #1: As of the time of this article, the Department of Treasury still has not published the FBAR rate for Belarus. Please, consult the Department of the Treasury for clarification.

San Antonio FBAR Tax Attorney | International Tax Lawyer Texas

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If you reside in San Antonio, Texas, and have unreported foreign bank and financial accounts, you may be looking for a San Antonio FBAR Tax Attorney.  Sherayzen Law Office, Ltd. is a leader in FBAR compliance, including offshore voluntary disclosures concerning delinquent FBARs, and you should consider us in your search. Let’s understand why this is the case.

San Antonio FBAR Tax Attorney: International Tax Lawyer

First of all, it is very important to understand that, by looking for San Antonio FBAR Tax Attorney, in reality, you are searching for an international tax lawyer who specializes in FBAR compliance.

The reason for this conclusion is the fact that FBAR enforcement belongs to a very special field of US tax law – US international tax law. FBAR is an information return concerning foreign assets, which necessarily involves US international tax compliance concerning foreign assets/foreign income. Moreover, ever since the FBAR enforcement was turned over to the IRS in 2001, the term FBAR attorney applies almost exclusively to tax attorneys.

Hence, when you look for an FBAR attorney, you are looking for an international tax attorney with a specialty in FBAR compliance.

San Antonio FBAR Tax Attorney: Broad Scope of Compliance and Offshore Voluntary Disclosures

When retaining a San Antonio FBAR Tax Attorney, consider the fact that such an attorney’s work is not limited to the preparation and filing of FBARs. Rather, the attorney should be able to deliver a variety of tax services and freely operate with experience and knowledge in all relevant areas of US international tax law, including the various offshore voluntary disclosure options concerning delinquent FBARs.

Moreover, as part of an offshore voluntary disclosure, an FBAR Attorney often needs to amend US tax returns, properly prepare foreign financial statements according to US GAAP, correctly calculate PFICs, and complete an innumerable number of other tasks.

Mr. Sherayzen and his team of motivated experienced tax professionals of Sherayzen Law Office have helped hundreds of US taxpayers worldwide to bring their tax affairs into full compliance with US tax laws. This work included the preparation and filing of offshore voluntary disclosures concerning delinquent FBARs. Sherayzen Law Office offers help with all kinds of offshore voluntary disclosure options, including: SDOP (Streamlined Domestic Offshore Procedures), SFOP (Streamlined Foreign Offshore Procedures), DFSP (Delinquent FBAR Submission Procedures), DIIRSP (Delinquent International Information Return Submission Procedures), IRS VDP (IRS Voluntary Disclosure Practice) and Reasonable Cause disclosures.

San Antonio FBAR Tax Attorney: Out-Of-State International Tax Lawyer

Whenever you are looking for an attorney who specializes in US international tax law (which is a federal area of law, not a state one), you do not need to limit yourself to lawyers who reside in San Antonio, Texas. On the contrary, consider international tax attorneys who reside in other states and help San Antonio residents with their FBAR compliance.

Contact Sherayzen Law Office for Professional FBAR Help

Sherayzen Law Office is an international tax law firm that specializes in US international tax compliance, including FBARs. While our office is in Minneapolis, Minnesota, we help taxpayers who reside throughout the United States, including San Antonio, Texas. We can help with annual FBAR compliance, FBAR compliance in combination with other international tax forms as well as offshore voluntary disclosures.

Thus, if you are looking for a San Antonio FBAR Tax Attorney, contact Mr. Sherayzen as soon as possible to schedule Your Confidential Consultation!

2023 FBAR Conversion Rates | FBAR International Tax Lawyer

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The 2023 FBAR conversion rates are very important for your US international tax compliance. The reason for their importance is their relation to FBAR (FinCEN Form 114) and the IRS Form 8938. The 2023 FBAR and 2023 Form 8938 instructions both require that 2023 FBAR conversion rates be used to report the required highest balances of foreign financial assets on these forms (in the case of Form 8938, the 2023 FBAR conversion rates is the default choice, not an exclusive one). In other words, the 2023 FBAR conversion rates are used to translate foreign-currency highest balances into US dollars for the purposes of FBAR and Form 8938 compliance.

The U.S. Department of Treasury  already published the 2023 FBAR conversion rates online (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”).

Since the 2023 FBAR conversion rates are highly important to US taxpayers, international tax lawyers and international tax accountants, Sherayzen Law Office provides the table below listing the official 2023 FBAR conversion rates (note that the readers still need to refer to the official website for any updates).

Country – Currency Foreign Currency to $1.00
AFGHANISTAN – AFGHANI70.54
ALBANIA – LEK93.23
ALGERIA – DINAR134.051
ANGOLA – KWANZA842.5
ANTIGUA – BARBUDA – E. CARIBBEAN DOLLAR2.7000
ARGENTINA – PESO827.75
ARMENIA – DRAM400
AUSTRALIA – DOLLAR1.472
AUSTRIA – EURO0.905
AZERBAIJAN – NEW MANAT1.7
BAHAMAS – DOLLAR1.0000
BAHRAIN – DINAR0.3770
BANGLADESH – TAKA113
BARBADOS – DOLLAR2.02
BELARUS – NEW RUBLEUNAVAILABLE*
BELGIUM – EURO0.905
BELIZE – DOLLAR2
BENIN – CFA FRANC 589
BERMUDA – DOLLAR1
BOLIVIA – BOLIVIANO6.86
BOSNIA – MARKA1.769
BOTSWANA – PULA13.387
BRAZIL – REAL4.852
BRUNEI – DOLLAR1.32
BULGARIA – LEV New1.769
BURKINA FASO – CFA FRANC589
BURUNDI – FRANC2850
CAMBODIA – RIEL4051
CAMEROON – CFA FRANC593.41
CANADA – DOLLAR1.326
CAPE VERDE – ESCUDO99.75
CAYMAN ISLANDS – DOLLAR0.82
CENTRAL AFRICAN REPUBLIC – CFA FRANC593.41
CHAD – CFA FRANC593.41
CHILE – PESO880
CHINA – RENMINBI7.104
COLOMBIA – PESO3873
COMOROS – FRANC443.49
CONGO – CFA FRANC593.41
COSTA RICA – COLON519.22
COTE D’IVOIRE – CFA FRANC589
CROATIA – EURO0.905
CUBA – Chavito1
CUBA – PESO24
CYPRUS – EURO0.905
CZECH REPUBLIC – KORUNA21.731
DEM. REP. OF CONGO – FRANC2660
DENMARK – KRONE6.744
DJIBOUTI – FRANC177
DOMINICAN REPUBLIC – PESO57.9
ECUADOR – DOLARES1.0000
EGYPT – POUND30.9
EL SALVADOR – DOLARES1.0000
EQUATORIAL GUINEA – CFA FRANC593.41
ERITREA – NAKFA15
ESTONIA – EURO0.905
ESWATINI – LILANGENI18.427
ETHIOPIA – BIRR55.997
EURO ZONE – EURO0.905
FIJI – DOLLAR2.165
FINLAND – EURO0.905
FRANCE – EURO0.905
GABON – CFA FRANC593.41
GAMBIA – DALASI64
GEORGIA – LARI2.665
GERMANY – EURO0.905
GHANA – CEDI11.9
GREECE – EURO0.936
GRENADA – EAST CARIBBEAN DOLLAR2.7
GUATEMALA – QUETZAL7.815
GUINEA BISSAU – CFA FRANC589
GUINEA – FRANC8511
GUYANA – DOLLAR215
HAITI – GOURDE131.23
HONDURAS – LEMPIRA24.624
HONG KONG – DOLLAR7.811
HUNGARY – FORINT345.78
ICELAND – KRONA136.04
INDIA – RUPEE83.162
INDONESIA – RUPIAH15372.69
IRAN – RIAL42000
IRAQ – DINAR1308
IRELAND – EURO0.905
ISRAEL – SHEKEL3.619
ITALY – EURO0.905
JAMAICA – DOLLAR154
JAPAN – YEN141.47
JORDAN – DINAR0.708
KAZAKHSTAN – TENGE456.29
KENYA – SHILLING156.5
KOREA – WON1299.22
KOSOVO – EURO0.905
KUWAIT – DINAR0.307
KYRGYZSTAN – SOM89.062
LAOS – KIP20476
LATVIA – EURO0.905
LEBANON – POUND15000
LESOTHO – MALOTI18.427
LIBERIA – DOLLAR189
LIBYA – DINAR4.754
LITHUANIA – EURO0.905
LUXEMBOURG – EURO0.905
MADAGASCAR – ARIARY4564
MALAWI – KWACHA1700
MALAYSIA – RINGGIT4.59
MALDIVES – RUFIYAA15.42
MALI – CFA FRANC589
MALTA – EURO0.905
MARSHALL ISLANDS – DOLLAR1
MAURITANIA – OUGUIYA39.16
MAURITIUS – RUPEE43.87
MEXICO – PESO16.949
MICRONESIA – DOLLAR1
MOLDOVA – LEU17.25
MONGOLIA – TUGRIK3410.69
MONTENEGRO – EURO0.905
MOROCCO – DIRHAM9.855
MOZAMBIQUE – METICAL 63.25
MYANMAR – KYAT3380
NAMIBIA – DOLLAR18.427
NEPAL – RUPEE133.05
NETHERLANDS – EURO0.905
NETHERLANDS ANTILLES – GUILDER1.78
NEW ZEALAND – DOLLAR1.585
NICARAGUA – CORDOBA36.6
NIGER – CFA FRANC589
NIGERIA – NAIRA910
NORWAY – KRONE10.166
OMAN – RIAL0.385
PAKISTAN – RUPEE276.2
PALAU – DOLLAR1
PANAMA – DOLARES1
PAPUA NEW GUINEA – KINA3.727
PARAGUAY – GUARANI7249.99
PERU – SOL3.675
PHILIPPINES – PESO55.451
POLAND – ZLOTY3.924
PORTUGAL – EURO0.905
QATAR – RIYAL3.645
REP. OF N MACEDONIA – DINAR55.45
ROMANIA – NEW LEU 4.499
RUSSIA – RUBLE89.067
RWANDA – FRANC1250
SAO TOME & PRINCIPE – NEW DOBRAS22.142
SAUDI ARABIA – RIYAL3.75
SENEGAL – CFA FRANC589
SERBIA – DINAR105.92
SEYCHELLES – RUPEE13.473
SIERRA LEONE – LEONE22.7
SIERRA LEONE – OLD LEONE21.4
SINGAPORE – DOLLAR1.32
SLOVAK REPUBLIC – EURO0.905
SLOVENIA – EURO0.905
SOLOMON ISLANDS – DOLLAR8.065
SOMALI – SHILLING568
SOUTH AFRICA – RAND18.427
SOUTH SUDANESE – POUND1070
SPAIN – EURO0.905
SRI LANKA – RUPEE323.8
ST LUCIA – E CARIBBEAN DOLLAR2.7
SUDAN – SUDANESE POUND830
SURINAME – GUILDER36.723
SWEDEN – KRONA10.031
SWITZERLAND – FRANC0.838
SYRIA – POUND8585
TAIWAN – DOLLAR30.641
TAJIKISTAN – SOMONI10.93
TANZANIA – SHILLING2505
THAILAND – BAHT34.33
TIMOR – LESTE DILI1
TOGO – CFA FRANC589
TONGA – PA’ANGA2.26
TRINIDAD & TOBAGO – DOLLAR6.749
TUNISIA – DINAR3.064
TURKEY – NEW LIRA29.547
TURKMENISTAN – NEW MANAT3.491
UGANDA – SHILLING3775
UKRAINE – HRYVNIA38.089
UNITED ARAB EMIRATES – DIRHAM3.673
UNITED KINGDOM – POUND STERLING0.786
URUGUAY – PESO39.02
UZBEKISTAN – SOM12333.77
VANUATU – VATU116
VENEZUELA – BOLIVAR SOBERANO35.841
VENEZUELA – FUERTE (OLD)248832
VIETNAM – DONG24260
WESTERN SAMOA – TALA2.653
YEMEN – RIAL528
ZAMBIA – NEW KWACHA 25.71
ZIMBABWE – RTGS5801.47

*Note #1: As of the time of this article, the Department of Treasury still has not published the FBAR rate for Belarus. Please, consult the Department of the Treasury for clarification.

The Woodlands FBAR Attorney | International Tax Lawyer Texas

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If you are a resident of The Woodlands (Texas) and you have unreported foreign accounts, you may be looking for The Woodlands FBAR Attorney in Texas. In your search, you should consider Mr. Eugene Sherayzen of Sherayzen Law Office, Ltd. (“Sherayzen Law Office”). Let’s explore in more detail why this is the case.

The Woodlands FBAR Attorney: International Tax Attorney

First of all, it is very important to understand that, by looking for The Woodlands FBAR attorney, in reality, you are looking for an international tax attorney whose specialty includes FBAR compliance.

Ever since the FBAR enforcement was turned over to the IRS in 2001, the term FBAR attorney applies almost exclusively to tax attorneys.

Moreover, FBAR enforcement belongs to a very special field of US tax law – US international tax law. The reason for this is simple: FBAR is an information return concerning foreign assets and the tax compliance concerning foreign assets/foreign income belongs to US international tax law. Hence, when you look for an FBAR attorney, you are looking for an international tax attorney with a specialty in FBAR compliance.

The Woodlands FBAR Attorney: Out-Of-State International Tax Attorney

Further, it is important to note that, since you are looking for an attorney who specializes in US international tax law (i.e. a federal area of law), you do not need to limit yourself to lawyers who reside in The Woodlands, Texas. On the contrary, consider international tax attorneys who reside in other states and help The Woodlands residents with their FBAR compliance.

Sherayzen Law Office is an international tax law firm that specializes in US international tax compliance, including FBARs. While our office is in Minneapolis, Minnesota, we help taxpayers who reside throughout the United States, including The Woodlands, Texas.

The Woodlands FBAR Attorney: Broad Scope of Compliance

When retaining The Woodlands FBAR Attorney, consider the fact that such an attorney’s work is not limited only to the preparation and filing of FBARs. Rather, the attorney should be able to deliver a variety of tax services and freely operate with experience and knowledge in all relevant areas of US international tax law, including the various offshore voluntary disclosure options concerning delinquent FBARs.

Moreover, as part of an offshore voluntary disclosure, The Woodlands FBAR Attorney often needs to amend US tax returns, properly prepare foreign financial statements according to US GAAP, correctly calculate PFICs, and complete an innumerable number of other tasks.

Mr. Sherayzen has helped hundreds of US taxpayers worldwide to bring their tax affairs into full compliance with US tax laws. This work included the preparation and filing of offshore voluntary disclosures concerning delinquent FBARs. Sherayzen Law Office offers help with all kinds of offshore voluntary disclosure options, including: SDOP (Streamlined Domestic Offshore Procedures), SFOP (Streamlined Foreign Offshore Procedures), DFSP (Delinquent FBAR Submission Procedures), DIIRSP (Delinquent International Information Return Submission Procedures), IRS VDP (IRS Voluntary Disclosure Practice) and Reasonable Cause disclosures.

Thus, if you are looking for a The Woodlands FBAR Attorney, contact Mr. Sherayzen as soon as possible to schedule Your Confidential Consultation!