APPENDIX II
CALCULATION OF THE EUA VALUE OF THE £ ON 10 JANUARY 1978
The EUA in any Community currency is the sum in that currency of the fixed currency amounts shown in the left hand column below. The right hand column shows the calculation of the EUA, from these currency amounts using Dublin exchange rates of 10 January.
|
Currency Amounts |
Exchange Rates on 10/1/78 |
Calculation of EUA |
|
|
£1 = |
£ |
DM |
.. |
.. |
0·828 |
4·1105 DM |
0·201435 |
FF |
.. |
.. |
1·15 |
9·0780 FF |
0·126680 |
£ (st) |
.. |
.. |
0·0885 |
— |
0·0885 |
Lira |
.. |
.. |
109 |
1683·75 L |
0·064736 |
DG |
.. |
.. |
0·286 |
4·4010 DG |
0·064985 |
DK |
.. |
.. |
0·217 |
11·22 DK |
0·019340 |
Bf/Lf |
.. |
3·80 |
63·64 Bf |
0·059711 |
£ (I) |
.. |
.. |
0·00759 |
— |
0·00759 |
|
|
1 EUA = |
£0·632977 |
|
|
£1 = |
1·579836 EUA |
Note: The Commission use exchange rates on the Belgían market in calculating the EUA and so the official figure £1 = 1·5787 EUA is slightly different from the above.
|