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BPS 2018 Payments Exchange Rate

The Euro exchange rate has been set for calculating 2018 Basic Payment Scheme (BPS) payments.

BPS payments for Wales are set in Euros and then converted into sterling and the rate, an average of the European Central Bank exchange rates set in September will be:-

€1 = 0.89281

For reference, the rates during the last 3 years have been:-

2017  €1 = 0.89470

2016 €1 = 0.85228

2015 €1 = 0.73129