Reports in your currency

Coinfig calculates your crypto tax using the rules for your jurisdiction (SARS for South Africa). You choose which currency those figures are displayed and exported in — rand, US dollar, euro, or British pound — from your account preferences.

Supported display currencies

  • South African rand (ZAR) — default for SARS filers. Historical rates align with South African Reserve Bank practice for defensible conversions.
  • US dollar (USD) — for users who think in dollars or hold mostly USD-denominated stablecoins.
  • Euro (EUR) and British pound (GBP) — for expats, UK-resident users, or anyone who reports in those functional currencies.

Changing your display currency re-prices your portfolio and tax figures using historical exchange rates. It does not change which tax rules apply — South African users still get SARS classification and FIFO logic.

What changes vs what stays the same

  • Stays the same: transaction classification, FIFO matching, capital vs revenue treatment, and completeness scoring.
  • Changes: the currency your gains, income, portfolio values, and report exports are shown in — Coinfig recomputes amounts in the new currency.

If you trade on offshore exchanges quoted in dollars, Coinfig still classifies each leg correctly for your jurisdiction. The display currency controls how totals read on your dashboard and exports. South African filers should still use rand figures on their ITR12.

When to use which currency

South African residents filing with SARS should use ZAR. Choose USD, EUR, or GBP if you are preparing figures for a foreign return, working with an overseas accountant, or simply prefer reading totals in that currency while you review. For how rand pricing works on crypto-to-crypto trades, see ZAR-pair vs USD-intermediate accounting.

Frequently asked

Does switching to USD change my SARS tax calculation?
No. SARS rules, classification, and FIFO matching are unchanged. Coinfig re-prices your figures into the chosen currency for display — the underlying South African tax treatment is unchanged. South African filers should still use rand figures on their ITR12.
Where do I change the display currency?
Open Preferences in your Coinfig account and select your default currency. The change applies to new dashboard loads and report exports.
Can I run reports in different currencies for different years?
Your preference applies account-wide. If you need reports in multiple currencies for the same tax year, export CSV working papers and convert offline, or contact support for practitioner workflows.
Is multi-currency the same as multi-jurisdiction?
Not yet. Display currencies are live today. Full jurisdiction packs beyond South Africa are on the roadmap — see our country guides for what is coming.

This page is general information, not tax advice. Confirm your position with a registered tax practitioner.