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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
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Foreign currency: treatment of currency

Where the currency derived from the disposal of the asset is disposed of (for example by being converted to sterling or another currency, or by being spent), there will be a chargeable gain or allowable loss by reference to the cost as above, and the value of the currency disposed of (converted at the exchange rate prevailing at the date of its disposal).