{
  "url": "https://openlegislation.uk/eu-regulation-1998-2866/article-1",
  "json_url": "https://openlegislation.uk/eu-regulation-1998-2866/article-1.json",
  "legislation": "eur/1998/2866",
  "legislation_title": "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",
  "legislation_url": "https://openlegislation.uk/eu-regulation-1998-2866",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "The irrevocably fixed conversion rates between the euro and the currencies of the Member States adopting the euro are:\n1 euro\n=\n40,3399\nBelgian francs\n=\n1,95583\nGerman marks\n=\n15,6466\nEstonian kroons\n=\n340,75\nGreek drachma\n=\n166,386\nSpanish pesetas\n=\n6,55957\nFrench francs\n=\n0,787564\nIrish pounds\n=\n1 936,27\nItalian lire\n=\n0,585274\nCyprus pounds\n=\n0,702804\nlatvian lats\n=\n3,4528\nLithuanian litas\n=\n40,3399\nLuxembourg francs\n=\n0,4293\nMaltese liras\n=\n2,20371\nDutch guilders\n=\n13,7603\nAustrian schillings\n=\n200,482\nPortuguese escudos\n=\n239,64\nSlovenian tolars\n=\n30,126\nSlovak korunas\n=\n5,94573\nFinnish marks",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Inserted by Council Regulation (EU) No 671/2010 of 13 July 2010 amending Regulation (EC) No 2866/98 as regards the conversion rate to the euro for Estonia."
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Inserted by Council Regulation (EC) No 1478/2000 of 19 June 2000 amending Regulation (EC) No 2866/98 on the conversion rates between the euro and the currencies of the Member States adopting the euro."
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Inserted by Council Regulation (EC) No 1135/2007 of 10 July 2007 amending Regulation (EC) No 2866/98 as regards the conversion rate to the euro for Cyprus."
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Inserted by Council Regulation (EU) No 870/2013 of 9 July 2013 amending Regulation (EC) No 2866/98 as regards the conversion rate to the euro for Latvia."
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Inserted by Council Regulation (EU) No 851/2014 of 23 July 2014 amending Regulation (EC) No 2866/98 as regards the conversion rate to the euro for Lithuania."
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Inserted by Council Regulation (EC) No 1134/2007 of 10 July 2007 amending Regulation (EC) No 2866/98 as regards the conversion rate to the euro for Malta."
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Inserted by Council Regulation (EC) No 1086/2006 of 11 July 2006 amending Regulation (EC) No 2866/98 on the conversion rates between the euro and the currencies of the Member States adopting the euro."
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Inserted by Council Regulation (EC) No 694/2008 of 8 July 2008 amending Regulation (EC) No 2866/98 as regards the conversion rate to the euro for Slovakia."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/1998/2866/article/1",
    "retrieved_at": "2026-11-01T14:58:02.189777+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}