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Info about the Euro

The Euro is the local currency in the following countries:

  • Austria
  • Belgium
  • Cyprus
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Ireland
  • Italy 
  • Luxemburg
  • Malta
  • The Netherlands 
  • Portugal 
  • Slovenia
  • Spain

From the 7th of November 2011, we no longer buy old EMU currencies. Please consult the individual countries’ central banks for information as to whether you can still exchange old notes and coins.

Irrevocable conversion rates

Country 1 EUR
Belgium franc (BEF) 40,3399
German mark (DEM)  1,95583
Cypriot pounds (CYP) 0,585274
Spanish peseta (ESP) 166,386
French franc (FRF) 6,55957
Irish pound (IEP) 0,787564
Italian lira (ITL) 1936,27
Luxemburg franc (LUF) 40,3399
Maltese lira (MTL) 0,4293
Dutch guilder (NLG) 2,20371
Austrian schilling (ATS) 13,7603
Portuguise escudo (PTE) 200,482
Finnish markka (FIM) 5,94573
Greek drachma (GRD) 340,75


Euro FAQ

When is the deadline for exchanging the EMU-countries’ old currencies?FOREX Bank will exchange banknotes from the EMU-countries’ old currencies for at least 10 years, with the exception of Dutch Guilders and Slovenian Tolars.

In what denominations is the Euro available?
Banknote denominations are 5, 10, 20, 50, 100, 200 och 500.
Coins are available in 1, 2, 5, 10, 20, 50 cent and 1, 2 EUR.

Can the Euro coins be used in all EMU-countries, even though they have national designs on the reverse?
All Euro coins are legal tender in all EMU countries.

What security details do the EURO notes and coins have?
There are a lot of forged Euros in circulation in Sweden and abroad. They can easily be discovered if you know what you are looking for. There are many security details on the notes e.g. holograms, watermarks and raised printing details. You can read more about detecting forged Euro notes and coins on ECB’s website.

For further information please contact FOREX Service Center.

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Service Center 0600 - 55 00 95 (1,99 euroa/min + pvm/mpm)
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