If you omit this argument, Excel does not round the intermediate euro value. An integer equal to or greater than 3 that specifies the number of significant digits to be used for the intermediate euro value when converting between two euro member currencies. The following table shows the currency specific rounding rules, that is, how many decimal places Excel uses to calculate a currency's conversion and display the result. FALSE is the default if the full_precision argument is omitted.ĭisplay the result with all significant digits resulting from the calculation. Excel uses the calculation precision value to calculate the result and the display precision value to display the result. A logical value (TRUE or FALSE), or an expression that evaluates to a value of TRUE or FALSE, that specifies how to display the result.ĭisplay the result with the currency-specific rounding rules, see the table that follows. See the previous Source table for the ISO codes.įull_precision Required. A three-letter string, or cell reference, corresponding to the ISO code of the currency to which you want to convert the number. The following currency codes are available in the EUROCONVERT function: A three-letter string, or reference to a cell containing the string, corresponding to the ISO code for the source currency. The currency value you want to convert, or a reference to a cell containing the value. The EUROCONVERT function syntax has the following arguments: If necessary, follow the instructions in the setup program.ĮUROCONVERT(number,source,target,full_precision,triangulation_precision) In the Add-Ins Available list, select the Euro Currency Tools box, and then click OK. In the Manage list box, select Excel Add-ins, and then click Go. On the File tab, click Options, and then click Add-Ins. Install and load the Euro Currency Tools Add-in add-in If this function is not available, and returns the #NAME? error, install and load the Euro Currency Tools Add-in. The function uses fixed conversion rates that are established by the EU. The currencies available for conversion are those of European Union (EU) members that have adopted the euro. DescriptionĬonverts a number to euros, converts a number from euros to a euro member currency, or converts a number from one euro member currency to another by using the euro as an intermediary (triangulation). This article describes the formula syntax and usage of the EUROCONVERT function in Microsoft Excel. The data from 1999 onwards, however, are actual euros and are comparable across countries.Some of the content in this topic may not be applicable to some languages. Pre-1999 series that are created are, in effect, "Belgian euros," "German euros," "French euros," and so forth, and thus are unique and applicable only to each individual country. The conversion rates are used as a way to create a consistent euro time-series for each country, and allow for easy conversion back to the original national currency. For example, cross-country aggregations should not be compiled. Please note that historical data series valued in euros prior to the official adoption of the euro should be used with caution. = 340.750 Greek drachma (in effect from 2001)Ĭonversion rates for countries which joined after 1999: The following are the irrevocable euro conversion rates, asĪdopted by the European Union (EU) Council on January 1, 1999: Multipliers to convert the national currencies of European Monetary Union (EMU)
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