Tax Reports - Daily exchange rates or annual?

Koinly Support
1

Does anyone know whether the Koinly tax reports are using a daily CNB FIAT exchange rate or annual?

I trade in different currencies and stable coins. However live and have to report in CZK (Czech Rep). You can chose to use wither the USD rate daily, or the annual one. But I am unsure which one Koinly uses and they need to be unified across all income classes for each tax year.

2

Hi Oliver,

We sync the fiat exchange rates daily.
We get these rates from the European Central bank.

Best regards,
Petur

3

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