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Investors and rental owners
If you are reporting income you received from the United States, you should be using the 2018 US Average of 1.2957 to convert the amount to Canadian dollars.
The Bank of Canada also has a currency converter which you can find here: https://www.bankofcanada.ca/rates/exchange/currency-converter/
View solution in the original post
bankofcanada.ca
Convert from Canadian dollars based on daily exchange rates.
turbotax.community.intuit.ca
If you are reporting income you received from the United...
If you are reporting income you received from the United States, you should be using the 2018 US Average of 1.2957 to convert the amount to Canadian dollars. The Bank of Canada also has a currency converter which you can find here: https://www.bankofcanada.ca/rates/exchange/currency-converter/
You may click here for additional information: https://turbotax.community.intuit.ca/community/other-income/help/how-do-i-report-foreign-income-fore...