Former euro area national currencies vs. euro/ECU

Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Eurostat, the statistical office of the European Union


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference Period
6. Institutional Mandate
7. Confidentiality
8. Release policy
9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and Burden
17. Data revision
18. Statistical processing
19. Comment
Related Metadata
Annexes
Footnotes



For any question on data and metadata, please contact: Eurostat user support

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1. Contact Top
1.1. Contact organisation

Eurostat, the statistical office of the European Union
1.2. Contact organisation unit

Unit C2: National accounts - production
1.5. Contact mail address

2920 Luxembourg LUXEMBOURG


2. Metadata update Top
2.1. Metadata last certified 02/03/2023
2.2. Metadata last posted 02/03/2023
2.3. Metadata last update 02/03/2023


3. Statistical presentation Top
3.1. Data description

Former euro-area national currencies vs. euro/ECU.
3.2. Classification system

Not applicable
3.3. Coverage - sector

Not applicable
3.4. Statistical concepts and definitions

The data present exchange rates (daily, monthly, quarterly, annual) for the former national currencies of the euro-area countries, until their replacement by the euro. The official conversion rates to which the currencies were fixed to the euro are as follows:

Code Currency Rate against euro Date of adoption of euro
BEF Belgian franc 40.3399 1 January 1999
DEM German mark 1.95583 1 January 1999
ESP Spanish peseta 166.386 1 January 1999
FRF French franc 6.55957 1 January 1999
IEP Irish pound 0.787564 1 January 1999
ITL Italian lira 1936.27 1 January 1999
LUF Luxembourg franc 40.3399 1 January 1999
NLG Dutch guilder 2.20371 1 January 1999
ATS Austrian schilling 13.7603 1 January 1999
PTE Portuguese escudo 200.482 1 January 1999
FIM Finnish markka 5.94573 1 January 1999
GRD Greek drachma 340.750 1 January 2001
SIT Slovenian tolar 239.640 1 January 2007
MTL Maltese lira 0.429300 1 January 2008
CYP Cyprus pound 0.585274 1 January 2008
SKK Slovak koruna 30.1260 1 January 2009
EEK Estonian Kroon 15.6466 1 January 2011
LVL Latvian lats 0.702804 1 January 2014
LTL Lithuanian litas 3.45280 1 January 2015
HRK Croatian Kuna 7.53450 1 January 2023
3.5. Statistical unit

Not applicable.
3.6. Statistical population

Euro area member states.
3.7. Reference area

Euro area member states.
3.8. Coverage - Time

Monthly, quarterly, and annual series start in January 1971 at the earliest. The earliest daily series start in January 1974. The series for each country ends at the time when it joined the euro area.
3.9. Base period

Not applicable.


4. Unit of measure Top

1 euro = ... national currency


5. Reference Period Top

Daily, monthly, quarterly and annual data. 


6. Institutional Mandate Top
6.1. Institutional Mandate - legal acts and other agreements

Each decision on fixed conversion rate into euro is subject to a Council Regulation and an Opinion of the European Central Bank.
6.2. Institutional Mandate - data sharing

Not applicable.


7. Confidentiality Top
7.1. Confidentiality - policy

Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.
7.2. Confidentiality - data treatment

Not applicable


8. Release policy Top
8.1. Release calendar

Not applicable
8.2. Release calendar access

Not applicable
8.3. Release policy - user access

In line with the Community legal framework and the European Statistics Code of Practice Eurostat disseminates European statistics on Eurostat's website (see item 10 - 'Accessibility and clarity') respecting professional independence and in an objective, professional and transparent manner in which all users are treated equitably. The detailed arrangements are governed by the Eurostat protocol on impartial access to Eurostat data for users.


9. Frequency of dissemination Top

Daily, monthly, quarterly and annually.


10. Accessibility and clarity Top
10.1. Dissemination format - News release

None
10.2. Dissemination format - Publications

None
10.3. Dissemination format - online database

Please consult free data on-line or refer to contact details.
10.4. Dissemination format - microdata access

Not applicable
10.5. Dissemination format - other

https://ec.europa.eu/eurostat
10.6. Documentation on methodology

For documentation on methodology please consult:

Framework for the euro foreign exchange reference rates
10.7. Quality management - documentation

Not available.


11. Quality management Top
11.1. Quality assurance

Not available.
11.2. Quality management - assessment

Not available.


12. Relevance Top
12.1. Relevance - User Needs

For historical time series when there is a need to use former national currencies.
12.2. Relevance - User Satisfaction

Not available.
12.3. Completeness

Data start in 1971.


13. Accuracy Top
13.1. Accuracy - overall

Not applicable
13.2. Sampling error

Not applicable
13.3. Non-sampling error

Not applicable


14. Timeliness and punctuality Top
14.1. Timeliness

Not applicable - discontinued series
14.2. Punctuality

Not applicable - discontinued series.


15. Coherence and comparability Top
15.1. Comparability - geographical

Full comparability
15.2. Comparability - over time

Full comparability
15.3. Coherence - cross domain

Not applicable
15.4. Coherence - internal

Not applicable


16. Cost and Burden Top

Not available.


17. Data revision Top
17.1. Data revision - policy

Not applicable
17.2. Data revision - practice

Not applicable


18. Statistical processing Top
18.1. Source data

DG ECFIN (European Commission) and European Central Bank.
18.2. Frequency of data collection

Not applicable - discontinued series.
18.3. Data collection

Not applicable - discontinued series.
18.4. Data validation

Not applicable.
18.5. Data compilation

Not applicable
18.6. Adjustment

Data are not adjusted.


19. Comment Top

None


Related metadata Top


Annexes Top


Footnotes Top