Navigating currency exchange rates is crucial, especially when dealing with international transactions or understanding financial data across different regions. For those working with the European Union budget or simply needing reliable euro conversion figures, the European Commission provides official monthly accounting rates for the euro. These rates, established by the Accounting Officer of the European Commission as per article 19 of the Financial Regulation, serve as the benchmark for various EU-related financial calculations.
These specific conversion rates are primarily utilized to calculate reimbursements for expenses, as well as travel and subsistence costs for external individuals participating in European Commission meetings, interviews, and other engagements. However, the utility extends beyond EU internal affairs. This converter is also a valuable resource for general users seeking monthly currency conversion rates, offering a historical perspective stretching back to 1994.
The exchange rates presented are market rates sourced from the European Central Bank (ECB). Specifically, they reflect the rates from the second to last day of the preceding month. In cases where ECB data is unavailable, rates are sourced from EU delegations or other reliable sources close to that date, ensuring accuracy and consistency.
InforEuro is the provider of these rates, encompassing both current and historical currencies for countries within and outside the European Union. For every currency listed, users can access the historical conversion rates against the euro, and prior to December 1998, against the ecu. This rich dataset of exchange rates is available electronically from March 1994, accessible through downloadable files for in-depth analysis and record-keeping.
It is important to note that the information provided on this platform is strictly for informational purposes. It is specifically intended for the implementation of the EU budget and should be understood as such. While every effort is made to ensure accuracy, no warranty is provided regarding the rates published. The European Commission explicitly disclaims any responsibility in connection with these rates. Furthermore, this publication does not grant users any legal rights, and general public inquiries are not addressed through this service.
For further official information or specific inquiries related to the implementation of the EU budget, please direct your communications to: tresorerieec [dot] europa [dot] eu (tresorerie[at]ec[dot]europa[dot]eu).
To gain a broader understanding of the euro, its history, and its role within the European Union, you can find more information on the euro on the official Europa website.
