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Use these exchange rates to convert foreign currency amounts to New Zealand dollars under the controlled foreign company and foreign investment fund rules.

We use wholesale rates from Bloomberg for rolling 12-month average, mid-month actual and end of month. We provide the rates as PDF tables each year. You can download the file for the year you require.

Rolling 12-month average and mid-month rates

Use these tables for all income (including from a controlled foreign company or foreign investment fund) where you do not need to use end of month exchange rates.

If you have the income details for each month, use the mid-month exchange rates table.

If you have annual figures or you choose to use this currency conversion method then use the rolling 12-month average rates.

End of month rates

Use the end of month rates table if you have income where you need to use the end of month exchange rates.