Consumption Tax Trends 2024

Annex B. Exchange rates

Table A B.1. Exchange rates

Country	Currency	PPP exchange rates for GDP 2023	Market exchange rates for 2023
Australia	AUD	1.39	1.51
Austria	EUR	0.71	0.92
Belgium	EUR	0.70	0.92
Canada	CAD	1.17	1.35
Chile	CLP	431.42	840.07
Colombia	COP	1 401.24	4 325.96
Costa Rica	CRC	323.00	544.05
Czechia	CZK	12.55	22.20
Denmark	DKK	6.11	6.89
Estonia	EUR	0.56	0.92
Finland	EUR	0.76	0.92
France	EUR	0.67	0.92
Germany	EUR	0.70	0.92
Greece	EUR	0.52	0.92
Hungary	HUF	170.21	353.09
Iceland	ISK	140.16	137.94
Ireland	EUR	0.75	0.92
Israel	ILS	3.59	3.67
Italy	EUR	0.60	0.92
Japan	JPY	94.68	140.49
Korea	KRW	800.35	1 305.66
Latvia	EUR	0.51	0.92
Lithuania	EUR	0.48	0.92
Luxembourg	EUR	0.83	0.92
Mexico	MXN	9.66	17.76
Netherlands	EUR	0.74	0.92
New Zealand	NZD	1.46	1.63
Norway	NOK	8.89	10.56
Poland	PLN	1.88	4.20
Portugal	EUR	0.52	0.92
Slovak Republic	EUR	0.51	0.92
Slovenia	EUR	0.54	0.92
Spain	EUR	0.57	0.92
Sweden	SEK	8.51	10.61
Switzerland	CHF	0.97	0.90
Turkey*	TRY	6.97	23.69
United Kingdom	GBP	0.67	0.80
United States	USD	1.00	1.00

Notes:

1Average market exchange rates 2023 and Purchase Parity Rates (PPP) for GDP 2023. Accessed on 29 July 2024.

Source: https://data-explorer.oecd.org). Market exchange rate for Türkiye: source Central Bank of Türkiye cited by United States Department of Agriculture.