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Irrevocable Euro Conversion Rates

On January 1st 1999, 11 European countries (Austria, Belgium, Germany, France, Italy, Spain, Ireland, Luxembourg, Netherlands, Portugal and Finland) introduced the euro as the single currency. The conversion rates between the euro and the currencies of the participating member states were irrevocably fixed on December 31st 1998.
 
Greece became the twelfth member of the EMU on January 1st 2001. Slovenia became the thirteenth member on January 1st 2007 and on January 1st 2008 Cyprus and Malta became the fourteenth and fifteenth member, respectively. From January 1st 2009, Slovakia is the sixteenth member of the EMU.

The table below shows the irrevocable exchange rates of currencies of the respective countries described above against the euro
.

 

NATIONAL CURRENCY

CURRENCY UNIT FOR 1 EUR

ATS Austrian Schilling

13.7603

BEF Belgian Franc

40.3399

CYP Cyprus Pound

0.585247

DEM Deutsche Mark

1.95583

ESP Spanish Peseta

166.386

FIM Finnish Markka

5.94573

FRF French Franc

6.55957

GRD Greek Drachma

340.750

IEP Irish Pound

0.787564

ITL Italian Lira

1936.27

LUF Luxembourg Franc

40.3399

MTL Maltese Lira

0.4293

NLG Dutch Guilder

2.20371

PTE Portuguese Escudo

200.482

SIT Slovenian Tolar

239.640
SKK Slovak Koruna

30.1260