The Luxembourg Administration of Direct Tax has released Circular L.G. – A n° 60bis/10 of 17 January 2025, detailing the reference EUR exchange rates for 30 foreign currencies for 2024.
This announcement was made by the Government of Luxemburg on 17 January 2025.
Sourced from the European Central Bank, the circular provides both year-end and average exchange rates for the year. These rates align with Circular L.G. – A n° 60, which addresses the handling of accounts maintained in foreign currencies.
| Currency |
31/12/2024 |
   Annual Average |
| AUD (Australian Dollar) |
1.6772 |
1.6397 |
| BGN (Bulgarian Lev) |
1.9558 |
1.9558 |
| BRL (Brazilian Real) |
6.4253 |
5.8283 |
| CAD (Canadian Dollar) |
1.4948 |
1.4821 |
| CHF (Swiss Franc) |
0.9412 |
0.9526 |
| CNY (Chinese Yuan) |
7.5833 |
7.7875 |
| CZK (Czech Koruna) |
25.185 |
25.120 |
| DKK (Danish Krone) |
7.4578 |
7.4589 |
| GBP (Pound Sterling) |
0.82918 |
0.84662 |
| HKD (Hong Kong Dollar) |
8.0686 |
8.4454 |
| HUF (Hungarian Forint) |
411.35 |
395.30 |
| IDR (Indonesian Rupiah) |
16820.88 |
17157.68 |
| ILS (Israeli Shekel) |
3.7885 |
4.0067 |
| INR (Indian Rupee) |
88.9335 |
90.5563 |
| ISK (Icelandic Krona) |
143.90 |
149.31 |
| JPY (Japanese Yen) |
163.06 |
163.85 |
| KRW (Korean Won) |
1532.15 |
1475.40 |
| MXN (Mexican Peso) |
21.5504 |
19.8314 |
| MYR (Malaysian Ringgit) |
4.6454 |
4.9503 |
| NOK (Norwegian Krone) |
11.7950 |
11.6290 |
| NZD (New Zealand Dollar) |
1.8532 |
1.7880 |
| PHP (Philippine Peso) |
60.301 |
62.007 |
| PLN (Polish Zloty) |
4.2750 |
4.3058 |
| RON (Romanian Leu) |
4.9743 |
4.9746 |
| SEK (Swedish Krona) |
11.4590 |
11.4325 |
| SGD (Singapore Dollar) |
1.4164 |
1.4458 |
| THB (Thai Baht) |
35.676 |
38.181 |
| TRY (Turkish Lira) |
36.7372 |
35.5734 |
| USD (US Dollar) |
1.0389 |
1.0824 |
| ZAR (South African Rand) |
19.6188 |
19.8297 |
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