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IRREVOCABLE EXCHANGE RATES

Statistics Directorate    
Definition:
The irrevocable exchange rates for the countries in the Euro area are the fixed exchange rates against the euro for each of the eleven countries in the area as at 1 January 1999. These countries and the exchange rates are:

- Austria – 13.7603
- Belgium – 40.3399
- Finland – 94573
- France – 6.55957
- Germany – 1.95583
- Ireland – 0.787564
- Italy – 1936.27
- Luxembourg – 40.3399
- Netherlands – 2.20371
- Portugal – 200.482
- Spain – 166.386

The irrevocable exchange for Greece, which subsequently joined the Euro area, at 1 January 2001 is 340.75

The irrevocable exchange for Slovenia, which subsequently joined the Euro area, at 1 January 2007 is 239.640.

Source Publication:
OECD Main Economic Indicators, OECD, Paris, monthly, Part 4 (Exchange Rates.

Statistical Theme: Financial statistics - Exchange rates

Created on Tuesday, September 25, 2001

Last updated on Wednesday, March 21, 2007