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EU conversion rate is set at 30.1260 Slovak koruna
08/07/2008 - 00:00
08/07/2008 - 23:59
Etc/GMT
Slovakia to adopt the euro on 1 January 2009
The Council today adopted a decision on adoption by Slovakia of the euro as its currency, as from 1 January 2009. The decision will enlarge the euro area to 16 member states, allowing six months for Slovakia to prepare for the changeover.
The Council also adopted regulations setting the permanent conversion rate for the Slovak koruna to the euro, and adjusting certain technical provisions on the euro.
Euro notes and coins will be issued in Slovakia at the same time as adoption of the euro. The conversion rate is set at 30.1260 Slovak koruna to the euro, which corresponds to the current central rate of the koruna within the EU's ERM II exchange rate mechanism.
news_source:
EcoFin
