HMRC Exchange Rates 2024

12 months · Monthly averages · 1692+ rates

All HMRC monthly average exchange rates published for 2024, for use in UK tax calculations including capital gains tax on foreign asset disposals. Each rate is the average number of foreign currency units per £1 during that month.

Using these rates for a CGT calculation?

TealFX compares HMRC and BoE rates automatically — and identifies the most favourable compliant rate.

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About HMRC 2024 rates

HMRC publishes official monthly average exchange rates each month for use in UK tax calculations. The 2024 rates listed above cover 12 months and are sourced directly from HMRC's published CSV files. Each rate represents the average number of foreign currency units per £1 during that month.

Using 2024 rates for CGT

When a UK resident disposes of a foreign asset in 2024, HMRC requires the gain to be calculated in sterling using the exchange rate at acquisition and disposal. HMRC monthly averages and Bank of England daily spot rates are both accepted. Compare both for your disposal →