On 19 December 2019 Star Limited bought goods from Morgan plc for 80,000 British Pounds. At the date of the transactions, the exchange rates were: 1 = PKR 186 On 31 December 2019, Star Limiteds financial year end, the equivalent rates were: 1 = PKR 182 The average rate for the year ended 31 December 2019 was 1 = PKR 185 Star Limited paid this creditor on 3 February 2020 when the exchange rates were: 1 = PKR 188 The amount of exchange gain or loss for the year ended 31 December 2019 shall be: