Den relative høje valutakursvolatilitet over for D-mark i visse perioder faldt i referenceperioden til et lavt niveau ( se tabel 8b ) , og det korte rentespænd over for EU-landene med de laveste korte renter var ubetydeligt .
The episodes in which such deviations occurred were temporary , the relatively high degree of exchange rate volatility vis - - vis the Deutsche Mark observed in specific periods declined to low levels over the reference period ( see Table 8b ) and short-term interest rate differentials against those EU countries with the lowest short-term interest rates were insignificant .