28.12.92 OfficialJournaloftheEuropeanCommunities NoL382/45
COMMISSION REGULATION (EEC)No3757/92
of23December1992
fixingtherepresentativemarketratestobeappliedforcertainamountsinthecontextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(*),aslastamendedbyRegu­
lation(EEC)No2205/90(2),andinparticular
Article9(2)thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1641/91(J),as
lastamendedbyRegulation(EEC)No3756/92(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(*),as
lastamendedbyRegulation(EEC)No3672/89(');
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicyQ,aslast
amendedbyRegulation(EEC)No3237/90(*),the
ratesusedtofixor,whereappropriate,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentativemarketrates,aretobeusedfortheconversionintoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
MemberState;whereas,pursuanttoArticle6aofRegu­
lation(EEC)No1677/85andwithoutprejudiceto
Article7(2)ofCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts(*),aslastamendedbyRegulation(EEC)No
3137/91(10),thoseratesaretobetheagricultural
conversionratesapplyingtopigmeat;whereas,pursuant
toArticle2(4)ofCouncilRegulation(EEC)No
1676/85("),aslastamendedbyRegulation(EEC)No
2205/90,thoseratesarealsotobeusedforthe
conversionofcertainotheragriculturalamounts;
whereastheratesinquestionshouldbefixedtomakeit
easiertousethem,
HASADOPTEDTHISREGULATION :
Article1
TherepresentativemarketratesreferredtoinArticle3a
ofRegulation(EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate,to
adjustthemonetarycompensatory amounts,aresetout
intheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon28December
1992.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,23December1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
OOJNoL164,24.6.1985,p.6.
0OJNoL201,31.7.1990,p.9.
OOJNoL153,17.6.1991,p.1.
(4)Seepage1ofthisOfficialJournal.
(5)OJNoL310,21.11.1985,p.4.
0)OJNoL358,8.12.1989,p.28.
OOJNoL310,21.11.1985,p.1.
(•)OJNoL310,9.11.1990,p.18.OOJNoL312,18.11.1988,p.16.
(,0)OJNoL297,29.10.1991,p.17.
(")OJNoL164,24.6.1985,p.1.

OfficialJournaloftheEuropeanCommunities 28.12.92 NoL382/46
ANNEX
Conversionratesusedforthecalculationofmonetarycompensatoryamountsandtobeappliedfor
certainamountsintheagriculturalsector
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,30609 50,9602 55,2545 48,5563
Dkr 0,426483 9,42446 10,2186 8,97989
DM 0,111807 2,47073 2,67893 2,35418
FF 0,374988 8,28652 8,98480 7,89563
F1 0,125978 2,78388 3,01847 2,65256
£Irl 0,0417358 0,922282 — 0,878776
£ 0,0452527 — 1,08427 0,952828
Lit — 2209,81 2396,03 2105,57
Dr 14,7710 326,410 353,916 311,013
Esc 9,95089 219,896 238,426 209,523
Pta 7,94013 175,462 190,248 167,185