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echange rate from LOC/EUR to EUR

Economics Asked by Azsb on October 22, 2020

I have import values in LOCEUR (LOC is local currency).
How can I obtain these values only in EUR? My data are from Eurostat, where external trade indicator is “Exports in million of ECU/EURO”

One Answer

If you mean you want to convert ECU to EURO, they are essentially the same currency; one was a basket of European currencies used before 1 Jan 1999, the other is used after. The exchange rate is exactly 1 ECU = 1 EURO (reference) So you should be able to use that as EUROs.

Note: This came from my comment above, which I take that it helped the OP. Just to boost up answered questions ratio for this site.

Answered by Art on October 22, 2020

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