OfficialJournaloftheEuropeanCommunities NoL22/47 28.1.91
COMMISSION REGULATION (EEC)No162/91
of24January1991
fixingthemarketconversionratestobeappliedforcertainamountsinthecontextofthe
commonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(*),aslastamendedbyRegulation
(EEC)No2205/90(2),andinparticularArticle9(2)
thereof,
HavingregardtoCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts(3),aslastamendedbyRegulation(EEC)No
3219/90(4),andinparticularArticle7thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1207/90(*),as
lastamendedbyRegulation(EEC)No161/91(®),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(7),as
lastamendedbyRegulation(EEC)No3672/89(*);
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegu­lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy('),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
ThisRegulationshallenterintoforceon28January
1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,24January1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
*)OJNoL164,24.6.1985,p.6.
l)OJNoL201,31.7.1990,p.9.
J)OJNoL312,18.11.1988,p.16.
4)OJNoL308,8.11.1990,p.21.
s)OJNoL122,14.5.1990,p.1.
*)Seepage1ofthisOfficialJournal.
7)OJNoL310,21.11.1985,p.4.
•)OJNoL358,8.12.1989,p.28.OOJNoL310,21.11.1985,p.1.
(10)OJNoL310,9.11.1990,p.18.
OOJNoL164,24.6.1985,p.1.

OfficialJournaloftheEuropeanCommunities 28.1.91 NoL22/48
ANNEX
Marketconversionratestobeappliedforcertainamountsinthecontextofthecommonagricultural
policyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
100Lit 1£ .1£Irl 1ECU
Bfrs/Lfrs
Dkr
DM
FF
F1
£Irl
£
Lit
Dr
Esc
Pta2,75661
0,509801
0,133650
0,448246
0,150590
0,0498894
0,0455121
14,1498
11,9361
8,4715460,5688
11,2015
2,93659
9,84895
3,30878
1,09618
2197,22
310,903
262,263
186,13855,2545
10,2186
2,67893
8,98480
3,01847
0,912260
2004,44
283,624
239,252
169,80748,5563
8,97989
2,35418
7,89563
2,65256
0,878776
0,801672
1761,45
249,242
210,249
149,222