Use of the euro
Article 3
1. The amounts reported by Member States shall be denominated in euro. 2. Member States that have not adopted the euro as their currency by the date when the report pursuant to Article 3 of Delegated Regulation (EU) 2024/204 is submitted shall convert amounts in national currency into euro by using the monthly accounting exchange rate of the Commission in the month during which the expenditure is registered in the accounting systems of the competent authority. Where the expenditure has not been registered in the accounts of the competent authority, the most recent monthly accounting exchange rate published electronically by the Commission at the moment of initial reporting shall be used for converting amounts in national currency into euro.