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Exchange transaction of euros

Irrevocable Conversion Rates

The irrevocable euro conversion rates adopted for the currencies of the Member States are as follows:

Monetary units per euro
From 1 January 1999 (1)
BELGIUM (BEF) 40,3399 Belgian franc
GERMANY (DEM) 1,95583 Deutsche mark
SPAIN (ESP) 166,386 Spanish peseta
FRANCE (FRF) 6,55957 French franc
IRELAND (IEP) 0,787564 Irish pound
ITALIA (ITL) 1936,27 Italian lira
LUXEMBOURG (LUF) 40,3399 Luxembourg franc
NETHERLANDS (NLG) 2,20371 Dutch guilder
AUSTRIA (ATS) 13,7603 Austrian schilling
PORTUGAL (PTE) 200,482 Portuguese escudo
FINLAND (FIM) 5,94573 Finnish mark
From 1 January 2001 (2)
GREECE (GRD) 340,750 Greek drachma
From 1 January 2007 (3)
SLOVENIA (SIT) 239,640 Slovenian tolar
From 1 January 2008
CYPRUS (4) (CYP) 0,585274 Cyprus pound
MALTA (5) (MTL) 0,4293 Maltese lira

(1) Regulation (EC) 2866/98 (Official Journal of the European Communities, OJEC of 31-12-1998)

(2) Regulation (EC) Nº 1478/2000 (OJEC of 7-7-2000)

(3) Regulation (EC) Nº 1086/2006 (OJEC of 15-7-2006)

(4) Regulation (EC) Nš 1135/2007 (OJEC of 02-10-2007)

(5) Regulation (EC) Nš 1134/2007 (OJEC of 02-10-2007)

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