December 2023 — euro exchange rates: official rates for 2024
Updated 5 December 2024
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Euro exchange rates — official rates for 2024
Traders and officers at UK offices of departure who wish to calculate the value of all Union or common transit guarantees must use the official exchange rate when converting sterling and other national currencies into/from the euro (Article 22, Paragraph 1 of Appendix II to the Convention on a Common Transit Procedure refers).
In addition, this rate is used by offices of departure for the purpose of calculating the amount of duty and other charges covered by the standard 10,000 EUR voucher in non-euro currencies.
The European Commission have published exchange rates between national currencies and the euro and you can check the amount of guarantee you need for transit movements.
These will be applied with effect from 1 January 2024.