4.2.91 OfficialJournaloftheEuropeanCommunities NoL32/41
COMMISSION REGULATION (EEC)No227/91
of31January1991
fixingthemarketconversionratestobeappliedforcertainamountsinthecontextofthe
commonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(*),aslastamendedbyRegulation
(EEC)No2205/90(*),andinparticularArticle9(2)
thereof,
"Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1207/90(3),as
lastamendedbyRegulation(EEC)No226/91(4),on.
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(5),as
lastamendedbyRegulation(EEC)No3672/89(6);
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(7),aslastamendedbyRegulation(EEC)No3237/90(8),therates
usedtofixor,whereappropriate,adjustthemonetary
compensatory amounts,fromthistimeforthdefinedas
marketconversionrates,aretobeusedforthe
conversionintoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
MemberState;whereas,pursuanttoArticle2(4)of
CouncilRegulation(EEC)No1676/85('),aslast
amendedbyRegulation(EEC)No2205/90,thoserates
arealsotobeusedfortheconversionofcertainother
agriculturalamounts;whereastheratesinquestion
shouldbefixedtomakeiteasiertousethem,
HASADOPTEDTHISREGULATION :
Article1
ThemarketconversionratesreferredtoinArticle3aof
Regulation(EEC)No3152/85,tobeappliedforcertain
amountsinthecontextofthecommonagricultural
policyandusedtofixor,whereappropriate,toadjust
themonetarycompensatoryamounts,shallbesetoutin
theAnnexhereto.
Article2
ThisRegulationshallenterintoforceon4February
1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31January1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
x)OJNoL164,24.6.1985,p.6.
J)OJNoL201,31.7.1990,p.9.
J)OJNoL122,14.5.1990,r.1.
4)Seepage1ofthisOfficialJournal ,
s)OJNoL310,21.11.1985,p.4.
4)OJNoL358,8.12.1989,p.28.
7)OJNoL310,21.11.1985,p.1.(■)OJNoL310,9.11.1990,p.18.
0OJNoL164,24.6.1985,p.1.

NoL32/42 OfficialJournaloftheEuropeanCommunities 4.2.91
ANNEX
Marketconversionratestobeappliedforcertainamountsinthecontextofthecommonagricultural
policyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,75661 60,5688 55,2545 48,5563
Dkr 0,509801 11,2015 10,2186 8,97989
DM 0,133650 2,93659 2,67893 2,35418
FF 0,448246 9,84895 8,98480 7,89563
F1 0,150590 3,30878 3,01847 2,65256
£Irl 0,0498894 1,09618— 0,878776
£ 0,0455121— 0,912260 0,801672
Lit — 2197,22 2004,44 1761,45
Dr 14,1498 310,903 283,624 249,242
Esc 11,7992 259,254 236,507 207,837
Pta 8,36209 183,733 167,613 147,294