24.9.90 OfficialJournaloftheEuropeanCommunities NoL260/39
COMMISSION REGULATION (EEC)No2697/90
of20September1990
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,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85arefixed
byCommissionRegulation(EEC)No1207/90(3),as
lastamendedbyRegulation(EEC)No2696/90(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)No2300/89(8),therates
usedtofixor,whereappropriate,adjustthemonetary
compensatoryamounts,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
ThisRegulationshallenterintoforceon24September
1990.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.,
DoneatBrussels,20September1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission
1)OJNoL164,24.6.1985,p.6.
2)OJNoL201,31.7.1990,p.9.
3)OJNoL122,14.5.1990,p.1.
*)Seepage1ofthisOfficialJournal .
s)OJNoL310,21.11.1985,p.4.
6)OJNoL358,8.12.1989,p.28.
0OJNoL310,21.11.1985,p.1.(')OJNoL220,29.7.1989,p.8.
OOJNoL164,24.6.1985,p.1.

NoL260/40 OfficialJournaloftheEuropeanCommunities 24.9.90
ANNEX
Marketconversionratestobeappliedforcertainamountsinthecontextofthecommonagricultural
policyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
100Lit\£ 1£Irl 1ECU
Bfrs/Lfrs 2,75662 60,4406 55,2545 48,2868
Dkr 0,509804 11,1778 10,2187 8,93008
DM 0,133651 2,93039 2,67895 2,34113
FF 0,448248 9,82814 8,98483 7,85183
F1 0,150591 3,30180 3,01849 •2,63785
£Irl 0,0498895 1,09386— 0,873900
£ 0,0456090— 0,914193 0,798913
Lit — 2192,57 2004,43 1751,67
Dr 13,1042 287,318 262,664 229,542
Esc 11,9713 262,478 239,955 209,697
Pta 8,43098 184,855 168,993 147,683