Guidance on the 2021 Annual Average Exchange Rates of the Euro

UPDATE – Borg Galea & Associates would like to inform our clients that the average exchange rate for the Euro (EUR) for 2021 used by the tax department in Malta is:


UK Pound Sterling 0.8596
US Dollar 1.1827
Canadian Dollar 1.4826
Australian Dollar 1.5749
Swiss Franc 1.0811
Japanese Yen 129.88
Chinese Yuan Renminbi 7.6282


Meanwhile, the inflation Index for 2020: 892.51

For more information, kindly contact us on: +356 27037012

Scroll to Top

We use cookies to improve your browsing experience. By clicking "Accept Cookies", you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts. Click to view our Privacy Policy