Zovo FBAR Currency Converter
Convert foreign account balances to USD at the Treasury year-end rate for FBAR and Form 8938.
Converts the maximum balance of each foreign bank account to US dollars with the Treasury Reporting Rate of Exchange for December 31 of the tax year, rounds up to the whole dollar as the FinCEN FBAR instructions describe, totals the accounts and checks the $10,000 FBAR threshold. Download a PDF worksheet, CSV and Excel file.
What it does
- Treasury December 31 rates for 2001 to the last finished year, with the recording date shown
- Each account rounded up to the next whole dollar
- Aggregate check against the $10,000 FBAR threshold
- Form 8938 threshold table (information only)
- PDF worksheet, CSV and Excel downloads
Try asking
“Convert my 2025 FBAR balances: UK savings GBP 8,200 max, German checking EUR 4,150 max”
“What was the Treasury rate for the Indian rupee on December 31, 2024?”
Limitations
- Uses the Treasury Reporting Rates of Exchange from 2001 to the last finished year.
- A currency without a December 31 Treasury rate is not converted; the FinCEN instructions say to use another verifiable rate.
- Form 8938 thresholds are shown for information; they do not decide whether a return must include Form 8938.
- Up to 25 accounts per call.
- Does not file the FBAR or give tax advice.
Add it
ChatGPT: once Zovo FBAR Currency Converter is approved, add it from the ChatGPT plugin directory.
Claude: go to Customize > Connectors > Add custom connector and enter
https://fbar-rates.zovo.one/mcp. No sign-in is needed. Once Zovo FBAR Currency Converter is listed in the Claude connector directory, you can add it from there too.Other MCP clients can connect to the same endpoint: https://fbar-rates.zovo.one/mcp