Yearly Average Exchange Rates. When translating foreign currency values into U.S. dollar values for individual reporting purposes in the United States, which average exchange rates should you use? Use the following website to find the current average rates.

U.S. Internal Revenue Service https://europa.eu/youreurope/

citizens/work/taxes/incometaxes-

abroad/index_en.htm https://europa.eu/youreurope/citizens/

work/taxes/double-taxation/

index_en.htm www.irs.gov/Individuals/

International-Taxpayers/

Yearly-Average-Currency-

Exchange-Rates