Daily Average Exchange Rates

What are Daily Average Exchange Rates?

This is the average of a currency’s intraday fluctuation, representing a single day’s exchanges. Daily average rates are most commonly used by accounting, tax, and CPA professionals for financial reporting, various accounting and audit needs, and reconciling company’s financial books at the end of the fiscal periods. There are also other average rates available including weekly, monthly, quarterly, yearly averages, and custom time frames.

We also offer daily averages for Central Bank exchange rates so businesses can access a total of 540 currency pairs from 25 different Central Banks across the globe, such as Reserve Bank of Australia, Bank of Canada, Banco de Mexico and more.