Farming and Property Bulletin – October 2016

BPS Update

 2016 Exchange Rate

The Euro exchange rate applicable to BPS 2016 payments was set on the 30th September 2016.

It is the average of the European Central Bank exchange rates set during September 2016 and is €1 = £0.85228.

This is positive news compared with BPS 2015 which saw an exchange rate of €1 = £0.73129.