The Euro exchange rate has been set for calculating 2017 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 = £0.89470
In 2016, the exchange rate for BPS was €1 = £0.85228
In 2015, the exchange rate for BPS was €1 = £0.73129