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Frequently Asked Questions

What is an exchange rate?

An exchange rate is the rate at which one currency may be converted into another, also called rate of exchange of foreign exchange rate or currency exchange rate.

What is the exchange rate for US tax payments?

Note: Payments of U.S. tax must be remitted to the U.S. Internal Revenue Service (IRS) in U.S. dollars. The Internal Revenue Service has no official exchange rate. Generally, it accepts any posted exchange rate that is used consistently.

What are the exchange rates for converting foreign currency into US dollars?

Yearly Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars Country Currency 2020 2019 2018 2017 2016 2015 Afghanistan Afghani 76.651 77.579 73.598 71.086 70.645 63.653 Algeria Dinar 126.741

What are the exchange rates for 2020?

Historical Exchange Rates - 22 Dec 2020. EUR to USD. 22 Nov 2020 to 22 Dec 2020. Minimum. 1.1846. Average. 1.2079. Maximum. 1.2258.

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