Administrative Commission of the European Communities on social security for migrant workers — Rates for conversion of currencies pursuant to Council Regulation (EEC) No 574/72
Date: 2016-09-30
Institutions: Administrative Commission for the Coordination of Social Security Systems, European Commission
Subjects: conversion rate, migrant worker, national currency, social-security benefit








C_2016359EN.01000701.xml










30.9.2016   


EN


Official Journal of the European Union


C 359/7





ADMINISTRATIVE COMMISSION OF THE EUROPEAN COMMUNITIES ON SOCIAL SECURITY FOR MIGRANT WORKERS
Rates for conversion of currencies pursuant to Council Regulation (EEC) No 574/72
(2016/C 359/06)
Article 107(1), (2) and (4) of Regulation (EEC) No 574/72
Reference period: July 2016
Application period: October, November and December 2016












07-2016


EUR


BGN


CZK


DKK


HRK


HUF


PLN




1 EUR =


1


1,95580 


27,0418 


7,43902 


7,49300 


314,353 


4,39636 




1 BGN =


0,511300 


1


13,8264 


3,80357 


3,83117 


160,729 


2,24786 




1 CZK =


0,0369798 


0,0723252 


1


0,275094 


0,277090 


11,6247 


0,162577 




1 DKK =


0,134426 


0,262911 


3,63512 


1


1,00726 


42,2573 


0,590987 




1 HRK =


0,133458 


0,261017 


3,60894 


0,992796 


1


41,9529 


0,586730 




1 HUF =


0,00318114 


0,00622167 


0,0860236 


0,023665 


0,0238363 


1


0,0139854 




1 PLN =


0,227461 


0,444868 


6,15094 


1,69209 


1,70436 


71,5030 


1




1 RON =


0,222938 


0,436022 


6,02864 


1,65844 


1,67047 


70,0812 


0,980116 




1 SEK =


0,105549 


0,206434 


2,85424 


0,785185 


0,790882 


33,1798 


0,464034 




1 GBP =


1,18898 


2,32541 


32,1521 


8,84484 


8,9090 


373,759 


5,22718 




1 NOK =


0,106735 


0,208753 


2,88631 


0,794005 


0,799766 


33,5525 


0,469247 




1 ISK =


0,00740519 


0,0144831 


0,200249 


0,0550873 


0,0554870 


2,32784 


0,032556 




1 CHF =


0,920253 


1,79983 


24,8853 


6,84578 


6,89545 


289,284 


4,04577 


















07-2016


RON


SEK


GBP


NOK


ISK


CHF




1 EUR =


4,48555 


9,47423 


0,841058 


9,36898 


135,040 


1,08666 




1 BGN =


2,29346 


4,84417 


0,430033 


4,79036 


69,0462 


0,555607 




1 CZK =


0,165875 


0,350355 


0,031102 


0,346463 


4,99378 


0,0401844 




1 DKK =


0,602976 


1,27359 


0,113060 


1,25944 


18,1530 


0,146075 




1 HRK =


0,598633 


1,26441 


0,1122458 


1,25037 


18,0222 


0,145023 




1 HUF =


0,0142692 


0,0301388 


0,00267552 


0,0298040 


0,429582 


0,00345681 




1 PLN =


1,020287 


2,15502 


0,191308 


2,13108 


30,7164 


0,247172 




1 RON =


1


2,11217 


0,187504 


2,08870 


30,1057 


0,242257 




1 SEK =


0,473448 


1


0,0887732 


0,98889 


14,2535 


0,114696 




1 GBP =


5,33323 


11,2647 


1


11,1395 


160,560 


1,29201 




1 NOK =


0,478766 


1,011234 


0,0897704 


1


14,4136 


0,115985 




1 ISK =


0,033216 


0,070158 


0,00622819 


0,0693791 


1


0,00804690 




1 CHF =


4,12785 


8,71869 


0,773986 


8,62184 


124,271 


1





Note: all cross rates involving ISK are calculated using ISK/EUR rate data from the Central Bank of Iceland







reference: Jul.16


1 EUR in national currency


1 unit of N.C. in EUR




BGN


1,95580 


0,511300 




CZK


27,0418 


0,0369798 




DKK


7,43902 


0,134426 




HRK


7,49300 


0,133458 




HUF


314,353 


0,00318114 




PLN


4,39636 


0,227461 




RON


4,48555 


0,222938 




SEK


9,47423 


0,105549 




GBP


0,841058 


1,18898 




NOK


9,36898 


0,106735 




ISK


135,040 


0,00740519 




CHF


1,08666 


0,920253 





Note: ISK/EUR rates based on data from the Central Bank of Iceland






1.


Regulation (EEC) No 574/72 determines that the rate for the conversion into a currency of amounts denominated in another currency shall be the rate calculated by the Commission and based on the monthly average, during the reference period specified in paragraph 2, of reference rates of exchange of currencies published by the European Central Bank.










2.


The reference period shall be:






—


the month of January for rates of conversion applicable from 1 April following,










—


the month of April for rates of conversion applicable from 1 July following,










—


the month of July for rates of conversion applicable from 1 October following,










—


the month of October for rates of conversion applicable from 1 January following.




The rates for the conversion of currencies shall be published in the second Official Journal of the European Union (C series) of the months of February, May, August and November.