Exchange rates used in the KORDA database


Budget data is generally presented in the KORDA database in Euros and this is indicated by the ‘EUR’ currency code.

This table shows the exchange rates that have been used to convert local currency values to their Euro equivalents in KORDA.

In order to smooth out short-term exchange rate fluctuations, the rate used is the annual average rate for the currency in question.

ISO Code Country National Currency Annual Average (1 € = )
2005 2006 2007 2008 2009 2010 2011
AL Albania ALL 128.02505 129.16925 127.51710 125.20613 134.56705 140.35278 142.87266
BA Bosnia &Herzegovina BAM 1.95647 1.95528 1.95514 1.95606 1.95679 1.95654 1.95641
BG Bulgaria BGL 1.95740 1.96594 1.96138 1.95852 1.95833 1.95798 1.95744
CH Switzerland CHF 1.54842 1.57331 1.64319 1.58742 1.51022 1.38330 1.23358
CY Cyprus CYP/EUR (2008) 0.57881 0.57665 0.58263 1.00000 1.00000 1.00000 1.00000
CZ Czech Republic CZK 29.83627 28.36785 27.76600 24.98979 26.47755 25.32112 24.60994
DK Denmark DKK 7.45434 7.45963 7.45118 7.45654 7.44693 7.44781 7.45118
EE Estonia EEK/EUR (2011) 15.65000 15.65000 15.64660 15.64660 15.64660 15.64660 1.00000
GB United Kingdom GBP 0.68421 0.68205 0.68434 0.79635 0.89169 0.88447 0.86821
HR Croatia HRK 7.44340 7.33299 7.34786 7.23860 7.35628 7.30615 7.45626
HU Hungary HUF 248.54365 264.90636 252.05245 252.43257 281.15127 275.93540 279.96136
IS Iceland ISK 78.32606 88.12215 87.91875 128.28963 174.47699 165.63124 161.84538
LI Liechtenstein CHF 1.54842 1.57331 1.64319 1.58742 1.51022 1.38330 1.23358
LT Lithuania LTL  3.45280 3.45280 3.46377 3.47839 3.46929 3.46151 3.45992
LV Latvia LVL 0.69715 0.69853 0.70366 0.70971 0.71032 0.71150 0.70899
MK "Former Yugoslav Republic of Macedonia" MKD 61.75908 63.14890 62.65608 62.01084 62.05968 61.98668 62.00162
MT Malta MTL/EUR (2008)  0.43021 0.43055 0.43046 1.00000 1.00000 1.00000 1.00000
NO Norway NOK 8.01858 8.05093 8.02019 8.23580 8.74811 8.01839 7.80282
PL Poland PLN  4.02880 3.90550 3.79250 3.52259 4.33733 4.00285 4.12649
RO Romania RON 3.65286 3.53608 3.33105 3.69819 4.25213 4.22455 4.24370
RU Russian Federation RUB 35.21645 34.13256 35.02915 36.44357 36.44357 40.39077 40.95927
SE Sweden SEK 9.28657 9.25830 9.25301 9.62690 9.62690 9.55629 9.03621
SI Slovenia SIT/EUR (2007) 240.40525 239.82864 1.00000 1.00000 1.00000 1.00000 1.00000
SK Slovak Republic SKK/EUR (July 2008) 38.65091 37.27332 33.85050 31.38751 1.00000 1.00000 1.00000
TR Turkey TRY 1.68322 1.81571 1.79340 1.90964 2.16607 2.00085 2.33781

Source: European Audiovisual Observatory after OANDA