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Euro Conversion Rates
On Jan. 1, 1999, eleven European countries began using the euro
electronically, as a denomination for debt issues and bank accounts. The
actual notes and coins entered circulation on Jan. 1, 2002. The
conversion rates for the participating currencies were fixed as
follows.
| 13.76 |
Austrian schillings |
| 40.34 |
Belgian francs |
| 2.20 |
Dutch guilders |
| 5.95 |
Finnish markkas |
| 6.56 |
French francs |
| 1.96 |
German marks |
| 340.75 |
Greek Drachma |
| 0.79 |
Irish punts |
| 1,936.27 |
Italian lire |
| 40.34 |
Luxembourg francs |
| 200.48 |
Portuguese escudos |
| 166.39 |
Spanish pesetas |
Information Please® Database, © 2007 Pearson
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