1.11.90 OfficialJournaloftheEuropeanCommunities NoL305/39
COMMISSION REGULATION (EEC)No3138/90
of30October1990
fixingthemarketconversionratestobeappliedforcertainamountsinthecontextofthe
commonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(x),aslastamendedbyRegulation
(EEC)No2205/90(*),andinparticularArticle12
thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85arefixed
byCommissionRegulation(EEC)No1207/90(J),as
lastamendedbyRegulation(EEC)No3137/90(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(5),as
lastamendedbyRegulation(EEC)No3672/89(');
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(7),aslast
amendedbyRegulation(EEC)No2300/89(*),therates
usedtofixor,whereappropriate,adjustthemonetarycompensatory 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;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforOilsandFats,
HASADOPTEDTHISREGULATION :
Article1
ThemarketconversionratesreferredtoinArticle3aof
Regulation(EEC)No3152/85,tobeappliedforcertain
amountsinthecontextofthecommonagricultural
policyandusedtofixor,whereappropriate,toadjust
themonetarycompensatoryamounts,shallbesetoutin
theAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1November
1990.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30October1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission
C)OJNoL164,24.6.1985,p.6.
OOJNoL201,31.7.1990,p.9.
OOJNoL122,14.5.1990,p.1.
(4)Seepage1ofthisOfficialJournal.
OOJNoL310,21.11.1985,p.4.
0)OJNoL358,8.12.1989,p.28.
OOJNoL310,21.11.1985,p.1.
(•)OJNoL220,29.7.1989,p.8. OOJNoL164,24.6.1985,p.1.

NoL305/40 OfficialJournaloftheEuropeanCommunities1.11.90
ANNEX
Marketconversionratestobeappliedforcertainamountsinthecontextofthecommonagricultural
policyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,75661 60,8248 55,2545 48,5563
Dkr 0,509801 11,2488 10,2186 8,97989
DM 0,133650 2,94900 2,67893 2,35418
FF 0,448246 9,89058 8,98480 7,89563
F1 0,150590 3,32277 3,01847 2,65256
£Irl 0,0498894 1,10081 — 0,878776
£ 0,0453205— 0,908420 0,798298
Lit — 2206,51 2004,44 1761,45
Dr 13,4934 297,732 270,466 237,679
Esc 11,8123 260,640 236,770 208,068
Pta 8,40052 185,358 168,383 147,971