Irrevocable euro conversion rates

January 1st, 1999, marked the start of the third and final stage of Economic and Monetary Union (EMU). The national currencies of 11 participating Member States (Austria, Belgium, Germany, France, Italy, Spain, Ireland, Luxembourg, the Netherlands, Portugal and Finland) were replaced by the euro at the irrevocably fixed conversion rates. 

Greece became the 12th member of EMU on January 1st, 2001, followed by Slovenia (13th member) on January 1st, 2007, Cyprus and Malta (14th and 15th member, respectively) on January 1st, 2008, Slovakia (16th member) on January 1st, 2009, Estonia (17th member) on January 1st, 2011, Latvia (18th member) on January 1st, 2014, and Lithuania (19th member) on January 1st, 2015.

The irrevocable euro conversion rates, as determined on the respective dates of accession of each country, are the following: 

NATIONAL
CURRENCY

UNIT OF NATIONAL CURRENCY
FOR €1

ATS Austrian schilling

13.7603

BEF Belgian franc

40.3399

CYP Cyprus pound

0.585274

DEM Deutsche Mark

1.95583

ESP Spanish peseta

166.386

ΕΕΚ Estonian kroon

15.6466

FIM Finnish markka

5.94573

FRF French franc

6.55957

GRD Greek drachma

340.750

IEP Irish pound

0.787564

ITL Italian lira

1,936.27

LTL Lithuanian litas

3.45280

LVL Latvian lats

0.702804

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

This website uses cookies for the optimization of you user experience. Learn More
I Accept