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145 lines
3.4 KiB
145 lines
3.4 KiB
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<ARTICLE ID="XACC-EURO">
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<ARTHEADER>
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<TITLE></TITLE>
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<TITLE>GnuCash and the EURO</TITLE>
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</ARTHEADER>
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<SECT1>
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<TITLE> GnuCash and the EURO</TITLE>
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<PARA> </PARA>
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<SECT2>
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<TITLE>Introduction</TITLE>
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<PARA> </PARA>
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<PARA>On January 1, 1999, eleven European Union countries formed
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an economic and monetary union (EMU) and started using a single
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currency - the euro. These countries locked the exchange rates
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of their national currencies to the euro and are sharing the
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new currency.
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</PARA>
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<PARA>However, euro notes and coins will not be available until
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January 1, 2001. Until then, the old national currency notes
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and coins (French francs, Deutschmarks etc) will continue to
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circulate. But in law they are part of the euro. Their value in
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euro is completely fixed. All kinds of cashless monetary
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transactions like cheques or wire transfers are possible in
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euro
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</PARA>
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<PARA>You can find more information about the euro at: <ULINK URL="http://europa.eu.int/euro">http://europa.eu.int/euro</ULINK> .
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</PARA>
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</SECT2>
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<SECT2>
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<TITLE>EMU Member Countries and Exchange Rates</TITLE>
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<PARA> <ANCHOR ID="EUROISOCURR">
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</PARA>
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<PARA>The following table shows the EMU member countries and the
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respective exchange rates of the euro to the old national
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currencies. More countries are expected to join the EMU
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later.
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<TABLE>
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<TITLE>EMU Exchange Rates</TITLE>
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<TGROUP COLS="4">
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<THEAD>
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<ROW>
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<ENTRY>Country</ENTRY>
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<ENTRY>ISO Code</ENTRY>
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<ENTRY>Full Description</ENTRY>
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<ENTRY>Exchange Rate</ENTRY>
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</ROW>
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</THEAD>
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<TBODY>
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<ROW>
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<ENTRY> </ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Austria</ENTRY>
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<ENTRY>ATS</ENTRY>
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<ENTRY>Austrian Schilling</ENTRY>
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<ENTRY>1 euro = 13.7603 S</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Belgium</ENTRY>
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<ENTRY>BEF</ENTRY>
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<ENTRY>Belgian Franc</ENTRY>
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<ENTRY>1 euro = 40.3399 bfrs</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Finland</ENTRY>
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<ENTRY>FIM</ENTRY>
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<ENTRY>Finnish Mark</ENTRY>
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<ENTRY>1 euro = 5.94573 Fmk</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>France</ENTRY>
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<ENTRY>FRF</ENTRY>
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<ENTRY>French Franc</ENTRY>
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<ENTRY>1 euro = 6.55957 FF</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Germany</ENTRY>
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<ENTRY>DEM</ENTRY>
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<ENTRY>German Mark</ENTRY>
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<ENTRY>1 euro = 1.95538 DM</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Ireland</ENTRY>
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<ENTRY>IEP</ENTRY>
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<ENTRY>Irish Pound</ENTRY>
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<ENTRY>1 euro = 0.787564 Ir. £</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Italy</ENTRY>
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<ENTRY>ITL</ENTRY>
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<ENTRY>Italian Lira</ENTRY>
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<ENTRY>1 euro = 1936.27 Lit</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Luxembourg</ENTRY>
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<ENTRY>LUF</ENTRY>
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<ENTRY>Luxembourgian Franc</ENTRY>
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<ENTRY>1 euro = 40.3399 lfrs</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Netherlands</ENTRY>
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<ENTRY>NLG</ENTRY>
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<ENTRY>Dutch Guilder</ENTRY>
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<ENTRY>1 euro = 2.20371 hfl</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Portugal</ENTRY>
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<ENTRY>PTE</ENTRY>
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<ENTRY>Portuguese Escudo</ENTRY>
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<ENTRY>1 euro = 200.482 Esc</ENTRY>
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</ROW>
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<ROW>
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<ENTRY>Spain</ENTRY>
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<ENTRY>ESP</ENTRY>
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<ENTRY>Spanish Peseta</ENTRY>
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<ENTRY>1 euro = 166.386 Ptas</ENTRY>
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</ROW>
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</TBODY>
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</TGROUP>
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</TABLE>
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</PARA>
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</SECT2>
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<SECT2>
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<TITLE>EURO support in GnuCash</TITLE>
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<PARA> </PARA>
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<PARA>You can enable euro support in GnuCash in the international
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category of the <LINK LINKEND="XACC-PREFERENCES">preferences</LINK>
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dialog box. If your system locale specifies one of the <LINK LINKEND="EUROISOCURR">EMU member currencies</LINK>, euro support is
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enabled by default.
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</PARA>
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<PARA>FIXME: Actual documentation with screenshots and so on
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</PARA>
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</SECT2>
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</SECT1>
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</ARTICLE>
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