HC Deb 18 July 1978 vol 954 c175W
Mr. Jopling

asked the Chancellor of the Exchequer if he will list the official exchange rate of the £ sterling to the West German mark that was applicable on 1st January and 1st July each year since the signing of the Treaty of Accession.

Mr. Robert Sheldon

The Treaty of Accession was signed by the Government of the United Kingdom on 22nd January 1972. The exchange rates of the West German mark to the pound sterling applicable on the first working days of January and July each year since then are given in the following table:

Date DM/£ rate
1972
3rd July 7.6300
1973
1st January 7.5045
2nd July 6.1888
1974
2nd January 6.3563
1st July 6.1175
1975
2nd January 5.6437
1st July 5.2212
1976
2nd January 5.3000
1st July 4.6176
1977
4th January 4.0075
1st July 4.0237
1978
3rd January 4.0546
3rd July 3.8539