Please advise as to where one can get the historical average exchange rates for the Mozambique Metical and the ZAR.
Important:
This answer is based on tax law year ending 28 February 2021.
Answer:
There are a number of websites that provide historical rates if you can’t get the rates from an authorised dealer. These sites may well give average rates for a specified period. Remember that taxpayers using average exchange rates which differ from those published by SARS must, however, keep record of all calculations for audit purposes.
https://fx-rate.net/historical/?c_input=MZN&cp_input=ZAR
https://freecurrencyrates.com/en/exchange-rate-history/ZAR-MZN/2019