Reference metadata describe statistical concepts and methodologies used for the collection and generation of data. They provide information on data quality and, since they are strongly content-oriented, assist users in interpreting the data. Reference metadata, unlike structural metadata, can be decoupled from the data.
Eurostat, the statistical office of the European Union
1.2. Contact organisation unit
C.1: National accounts methodology; Standards and indicators
1.3. Contact name
Restricted from publication
1.4. Contact person function
Restricted from publication
1.5. Contact mail address
2920 Luxembourg LUXEMBOURG
1.6. Contact email address
Restricted from publication
1.7. Contact phone number
Restricted from publication
1.8. Contact fax number
Restricted from publication
2.1. Metadata last certified
2 March 2023
2.2. Metadata last posted
2 March 2023
2.3. Metadata last update
2 March 2023
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.
1 euro = ... national currency
Daily, monthly, quarterly and annual data.
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.
7.1. 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
8.1. 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.
Daily, monthly, quarterly and annually.
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.
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.
13.1. Accuracy - overall
Not applicable
13.2. Sampling error
Not applicable
13.3. Non-sampling error
Not applicable
14.1. Timeliness
Not applicable - discontinued series
14.2. Punctuality
Not applicable - discontinued series.
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
Not available.
17.1. Data revision - policy
Historical data are not revised, as they are frozen.
17.2. Data revision - practice
Historical data are not revised, as they are frozen.
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.
None
Former euro-area national currencies vs. euro/ECU.
2 March 2023
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
Not applicable.
Euro area member states.
Euro area member states.
Daily, monthly, quarterly and annual data.
Not applicable
1 euro = ... national currency
Not applicable
DG ECFIN (European Commission) and European Central Bank.
