foreign currency amounts to New Zealand dollars including: FIF income or loss calculated under the accounting profits, comparative value, fair dividend rate, deemed rate of return, or cost methods under sections. Most conversions are required to be carried out using the 12-month average rate or the actual rate for the day. They are currently being translated into Irish and will be available by the end of the year. Use these tables to convert overseas income to New Zealand dollars.
This table can be used for converting foreign currency amounts to New Zealand dollars when you are required to carry out the conversion at the end of the month. Tabhair do daire go bhfuil roinnt codanna den suomh idirln ar fáil i mBéarla amháin. If you are converting foreign currency for FIF or CFC income or loss purposes you should look at the rules under the rolling 12-month average and mid-month rates tables. The rolling 12-month average and mid-month rates tables cover these exchange rates. You must apply the chosen conversion method to all interests for which you use that FIF or CFC calculation method in that and each later income year.