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Original Euro Conversion Rates

Thursday, December 31, 1998;

European Union ministers set the first Euro conversion rates on Dec. 31, 1998. On day one, one euro was worth:

• 13.7603 Austrian schillings
• 40.3399 Belgian francs
• 2.203371 Dutch guilders
• 5.94573 Finnish markkaa
• 6.55957 French francs
• 1.95583 German marks
• 1,936.27 Italian lire
• 0.787564 Irish pounds
• 40.3399 Luxembourg francs
• 200.482 Portuguese escudos
• 166.386 Spanish pesetas


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