# 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, Article 1

Extent: E+W+S+N.I.

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
German marks
=
15,6466
Estonian kroons
=
340,75
Greek drachma
=
166,386
Spanish pesetas
=
6,55957
French francs
=
0,787564
Irish pounds
=
1 936,27
Italian lire
=
0,585274
Cyprus pounds
=
0,702804
latvian lats
=
3,4528
Lithuanian litas
=
40,3399
Luxembourg francs
=
0,4293
Maltese liras
=
2,20371
Dutch guilders
=
13,7603
Austrian schillings
=
200,482
Portuguese escudos
=
239,64
Slovenian tolars
=
30,126
Slovak korunas
=
5,94573
Finnish marks

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Source: https://www.legislation.gov.uk/eur/1998/2866/article/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-1998-2866/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.