NoL354/37 17.12.90 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No3627/90
of14December1990
fixingthemarketconversionratestoDeappliedforcertainamountsinthecontextofthe
commonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(9),aslast
amendedbyRegulation(EEC)No3237/90(10),the
ratesusedtofixor,whereappropriate,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasmarketconversionrates,aretobeusedfor
theconversionintoecusoftheamountsrelatingtoworld
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
ThisRegulationshallenterintoforceon17December
1990.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture('),aslastamendedbyRegulation
(EEC)No2205/90(2),andinparticularArticle12
thereof,
HavingregardtoCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts(J),aslastamendedbyRegulation(EEC)No
3219/90(4),andinparticularArticle7thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85arefixed
byCommissionRegulation(EEC)No1207/90(5),as
lastamendedbyRegulation(EEC)No3626/90('),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(7),as
lastamendedbyRegulation(EEC)No3672/89(*);
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegu
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,14December1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission
')OJNoL164,24.6.1985,p.6.
2)OJNoL201,31.7.1990,p.9.
J)OJNoL312,18.11.1988,p.16.
*)OJNoL308,8.11.1990,p.21.
')OJNoL122,14.5.1990,p.1.
*)Seepage1ofthisOfficialJournal.
0OJNoL310,21.11.1985,p.4.
')OJNoL358,8.12.1989,p.28.OOJNoL310,21.11.1985,p.1.
HOJNoL310,9.11.1990,p.18.
(")OJNoL164,24.6.1985,p.1.

NoL354/38 OfficialJournaloftheEuropeanCommunities 17.12.90
ANNEX
Marketconversionratestobeappliedforcertainamountsinthecontextofthecommonagricultural
policyand,inparticular,fordiecalculationofthemonetarycompensatoryamounts
I100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs
Dkr
DM2,75661
0,509801
0,13365059,7595
11,0518
2,8973555,2545
10,2186
2,6789348,5563
8,97989
2,35418
FF
F1
£Irl
£0,448246
0,150590
0,0498894
0,04612849,71736
3,26458
1,081538,98480
3,01847
0,9246137,89563
2,65256
0,8787^6
0,812528
Lit
Dr
Esc
Pta13,6613
11,8123
8,493232167,86
296,158
256,075
184,1222004,44
273,832
236,770
170,2411761,45
240,637
208,068
149,604