Council Regulation (EC) No 2866/98 of 31 December 1998 on the conversion rates between the euro and the currencies of the Member States adopting the euro

Type Regulation
Publication 1998-12-31
State In force
Department Council of the European Union
Source EUR-Lex
Reform history JSON API

Article 1

The irrevocably fixed conversion rates between the euro and the currencies of the Member States adopting the euro are:

1 euro = 40,3399 Belgian francs
= 1,95583 Bulgarian lev
= 1,95583 German marks
= 15,6466 Estonian kroons
= 340,750 Greek drachma
= 166,386 Spanish pesetas
= 6,55957 French francs
= 7,53450 Croatian kuna
= 0,787564 Irish pounds
= 1 936,27 Italian lire
= 0,585274 Cyprus pounds
= 0,702804 latvian lats
= 3,45280 Lithuanian litas
= 40,3399 Luxembourg francs
= 0,429300 Maltese liras
= 2,20371 Dutch guilders
= 13,7603 Austrian schillings
= 200,482 Portuguese escudos
= 239,640 Slovenian tolars
= 30,1260 Slovak korunas
= 5,94573 Finnish marks

Article 2

This Regulation shall enter into force on 1 January 1999.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

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