POLL-Slovak crown euro rate seen at 31.75 per euro

                                
 * Slovak crown conversion rate for euro forecast at 31.75
                                
 * Conversion rate to be set likely in July
                                
 
                                
 By Martin Santa
                                
 BRATISLAVA, May 19 (Reuters) - Slovakia will revalue its
crown peg and convert the currency to the euro at the rate of
31.75 <EURSKK=>, stronger than previously forecast, a Reuters
poll showed on Monday.
                                
 Slovakia will adopt the euro in January next year. The
conversion rate will be agreed between the Slovak government and
European Union authorities by the end of July.
                                
 The crown's expected conversion rate, seen also as the new
central parity rate within the pre-euro ERM-2 system, compares
with its current central parity of 35.4424 to the euro.
                                
 All the analysts predicted Slovakia would revalue the
central parity rate, and that the new central parity would
become the final conversion rate to the euro.
                                
 The poll of 16 analysts, conducted between May 15 and May
16, saw the conversion rate stronger from a median of 32.50 per
euro in the previous poll in April.
                                
 The survey showed analysts predicting the conversion rate to
be weaker than the record high of 31.470 per euro <EURSKK=>
reached on Monday.
 Prime Minister Robert Fico has called for a strong
conversion rate in order to boost the purchasing power of
ordinary Slovaks, who will be the euro zone's poorest members.
                                
 
===============================================================
                                
              conversion rate     revaluation date
===============================================================
 1) CSOB          31.00-31.50               June
 2) PPF             32.25                   July
 3) ING Bank        31.00                   July
 4) JPMorgan        31.50                  mid-July
 5) VUB             33.00                  by June
 6) 4Cast           31.00                 June/July
 7) Komercni Banka  32.00                  by July
 8) Tatra Banka     32.50                  by June
 9) Unicredit     31.00-31.50              mid-June
10) Slovenska       31.50                  by June
                                
   Sporitelna
11) Dresdner        31.50                   July
                                
  Kleinwort
12) RBS             32.85                   July
13) Nordea          32.00                   July
14) Volksbank       32.00                  by July
15) Citibank      32.00-32.50              by July
16) BNP Paribas   30.00-31.00             mid-June
==============================================================
                                
  MEDIAN          31.75
                                
  AVERAGE         31.80
                                
  HIGHEST         33.00
                                
  LOWEST          30.00
                                
  MODE            31.50
=============================================================
  NOTES
- The current parity rate in the ERM-2 exchange rate mechanism
is 35.4424 per euro. The parity was revalued by 8.5 percent in
March 2007, in crown terms.
- The Slovak government and European Union authorities will
negotiate the conversion rate in the coming weeks. Prime
Minister Robert Fico said the rate should be set in the first
week of July.