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 400/03
Date: 2020-11-24
Institutions: Administrative Commission for the Coordination of Social Security Systems
Subjects: conversion rate, migrant worker, national currency, social-security benefit








C_2020400EN.01000501.xml










24.11.2020   


EN


Official Journal of the European Union


C 400/5






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 400/03)
Article 107(1), (2) and (4) of Regulation (EEC) No 574/72
Reference period: October 2020
Application period: January, February, March 2021












oct-20


EUR


BGN


CZK


DKK


HRK


HUF


PLN




1 EUR =


1


1,95580


27,2131


7,44238


7,57465


362,529


4,54144




1 BGN =


0,511300


1


13,9141


3,80529


3,87291


185,361


2,32204




1 CZK =


0,0367470


0,0718697


1


0,273485


0,278345


13,3218


0,166884




1 DKK =


0,134366


0,262792


3,65651


1


1,01777


48,7114


0,610213




1 HRK =


0,132019


0,258204


3,59266


0,982538


1


47,8608


0,599558




1 HUF =


0,00275840


0,00539488


0,0750648


0,020529


0,0208939


1


0,0125271




1 PLN =


0,220195


0,430657


5,99219


1,63877


1,66790


79,8269


1




1 RON =


0,205139


0,401211


5,58248


1,52672


1,55386


74,3688


0,931626




1 SEK =


0,096184


0,188117


2,61747


0,715839


0,728561


34,8695


0,436814




1 GBP =


1,10204


2,15536


29,9899


8,20177


8,3475


399,520


5,00483




1 NOK =


0,091558


0,179070


2,49159


0,681413


0,693523


33,1926


0,415807




1 ISK =


0,00611060


0,0119511


0,166289


0,0454774


0,0462856


2,21527


0,027751




1 CHF =


0,931178


1,82120


25,3403


6,93017


7,05334


337,579


4,22888




Source: ECB











oct-20


RON


SEK


GBP


NOK


ISK


CHF




1 EUR =


4,87474


10,39672


0,907411


10,92198


163,650


1,07391




1 BGN =


2,49245


5,31584


0,463959


5,58441


83,6742


0,549089




1 CZK =


0,179132


0,382048


0,033345


0,401350


6,01364


0,0394629




1 DKK =


0,654998


1,39696


0,121925


1,46754


21,9889


0,144297




1 HRK =


0,643560


1,37257


0,1197959


1,44191


21,6050


0,141777




1 HUF =


0,0134465


0,0286783


0,00250301


0,0301272


0,451413


0,00296227




1 PLN =


1,073392


2,28930


0,199807


2,40496


36,0349


0,236469




1 RON =


1


2,13277


0,186146


2,24053


33,5710


0,220301




1 SEK =


0,468873


1


0,0872786


1,05052


15,7405


0,103293




1 GBP =


5,37214


11,4576


1


12,0364


180,348


1,18349




1 NOK =


0,446324


0,951908


0,0830812


1


14,9835


0,098325




1 ISK =


0,029788


0,063530


0,00554483


0,0667399


1


0,00656223




1 CHF =


4,53925


9,68119


0,844961


10,17030


152,387


1




Source: ECB

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







reference: oct-20


1 EUR in national currency


1 unit of N.C. in EUR




BGN


1,95580


0,511300




CZK


27,2131


0,0367470




DKK


7,44238


0,134366




HRK


7,57465


0,132019




HUF


362,529


0,00275840




PLN


4,54144


0,220195




RON


4,87474


0,205139




SEK


10,39672


0,096184




GBP


0,907411


1,10204




NOK


10,92198


0,091558




ISK


163,650


0,00611060




CHF


1,07391


0,931178




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.