Is the currency gain or loss taxed?

Yes, as part of the gain. Capital gains tax is worked out in euro. It's what you got when you sold, less what the shares cost when you bought, each at that day's rate.

What does a stronger euro do to US investments?

It lowers their value in euro. If the rate goes from 1.05 to 1.20 dollars per euro, every dollar you own is worth 12.5% fewer euro.

Investing

What the dollar does to your US shares

How a change in the euro–dollar rate adds to or eats into a US investment, and the capital gains tax on the gain in euro.

Self-assessment tool. The figures come from your own answers. It isn't advice, and you're responsible for what you file or claim. heypenny.ie is a trading name of Kinch Press. Read the disclaimer.

Common questions

Is the currency gain or loss taxed?: Yes, as part of the gain. Capital gains tax is worked out in euro. It's what you got when you sold, less what the shares cost when you bought, each at that day's rate.
What does a stronger euro do to US investments?: It lowers their value in euro. If the rate goes from 1.05 to 1.20 dollars per euro, every dollar you own is worth 12.5% fewer euro.

Loading the calculator…