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 2020/C 292/03
Date: 2020-09-03
Institutions: Administrative Commission for the Coordination of Social Security Systems, European Commission
Subjects: conversion rate, migrant worker, national currency, social-security benefit








C_2020292EN.01000301.xml










3.9.2020   


EN


Official Journal of the European Union


C 292/3






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
(2020/C 292/03)
Article 107(1), (2) and (4) of Regulation (EEC) No 574/72
Reference period: July 2020
Application period: October, November and December 2020












jul-20


EUR


BGN


CZK


DKK


HRK


HUF


PLN




1 EUR =


1


1,95580


26,5140


7,44665


7,52960


351,163


4,44928




1 BGN =


0,511300


1


13,5566


3,80747


3,84988


179,550


2,27491




1 CZK =


0,0377159


0,0737648


1


0,280857


0,283986


13,2445


0,167809




1 DKK =


0,134289


0,262642


3,56053


1


1,01114


47,1572


0,597487




1 HRK =


0,132809


0,259748


3,52130


0,988984


1


46,6378


0,590905




1 HUF =


0,00284768


0,00556949


0,0755033


0,021206


0,0214419


1


0,0126701




1 PLN =


0,224756


0,439577


5,95917


1,67368


1,69232


78,9259


1




1 RON =


0,206683


0,404231


5,48000


1,53910


1,55624


72,5796


0,919591




1 SEK =


0,096583


0,188896


2,56079


0,719217


0,727228


33,9163


0,429723




1 GBP =


1,10538


2,16190


29,3080


8,23137


8,3231


388,169


4,91814




1 NOK =


0,093858


0,183567


2,48854


0,698924


0,706709


32,9593


0,417598




1 ISK =


0,00630967


0,0123404


0,167295


0,0469859


0,0475092


2,21572


0,028073




1 CHF =


0,933612


1,82596


24,7538


6,95228


7,02972


327,850


4,15390















jul-20


RON


SEK


GBP


NOK


ISK


CHF




1 EUR =


4,83832


10,35383


0,904667


10,65445


158,487


1,07111




1 BGN =


2,47383


5,29391


0,462556


5,44762


81,0343


0,547658




1 CZK =


0,182482


0,390504


0,034120


0,401842


5,97748


0,0403979




1 DKK =


0,649731


1,39040


0,121486


1,43077


21,2830


0,143838




1 HRK =


0,642574


1,37508


0,1201481


1,41501


21,0485


0,142253




1 HUF =


0,0137780


0,0294843


0,00257620


0,0303404


0,451320


0,00305017




1 PLN =


1,087440


2,32708


0,203329


2,39465


35,6208


0,240738




1 RON =


1


2,13996


0,186979


2,20210


32,7566


0,221380




1 SEK =


0,467298


1


0,0873751


1,02903


15,3071


0,103451




1 GBP =


5,34818


11,4449


1


11,7772


175,188


1,18398




1 NOK =


0,454113


0,971784


0,0849098


1


14,8752


0,100532




1 ISK =


0,030528


0,065329


0,00570815


0,0672260


1


0,00675834




1 CHF =


4,51712


9,66646


0,844608


9,94712


147,965


1




Source: ECB

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







reference:jul-20


1 EUR in national currency


1 unit of N.C. in EUR




BGN


1,95580


0,511300




CZK


26,5140


0,0377159




DKK


7,44665


0,134289




HRK


7,52960


0,132809




HUF


351,163


0,00284768




PLN


4,44928


0,224756




RON


4,83832


0,206683




SEK


10,35383


0,096583




GBP


0,904667


1,10538




NOK


10,65445


0,093858




ISK


158,487


0,00630967




CHF


1,07111


0,933612




Source: ECB

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.