30/09/09 ~ Single Payment Scheme 2009 Exchange Rate
Payments under the Single Payment Scheme and other EU direct aid schemes (Area Payment for Nuts, Aid for Energy Crops and Protein Crop Premium) are set in Euros and are converted to sterling each year using exchange rates calculated in accordance with EU Regulations.
That rate is the last one set by the European Central Bank (ECB) in September, this has been confirmed as €1 = £0.90930
Notes:
Claimants selected the currency on the application form for the scheme year.
The exchange rate set for previous years were:
2008 payments was €1 = £0.79030
2007 payments was €1 = £0.69680
2006 payments was €1 = £0.67770
Page published: 30 September 2009