[CyprusSimon]

I purchased a property in Cyprus off plan and have been asked to modify the contract to reflect the adoption of Euros.

This means converting the purchase price from CY Pounds to Euros.
The developer has suggested a rate which is not compliant with current official exchange rates and has the effect of increasing the overall purchase price. They have stated that they "cannot" change this figure. Has anyone else encountered this?

Any thoughts would be welcomed!