21.12.92 OfficialJournaloftheEuropeanCommunities NoL372/45
COMMISSION REGULATION (EEC)No3653/92
of17December 1992
fixingtherepresentative marketratestobeappliedforcertainamountsinthecontextof
thecommonagricultural policyand,inparticular,forthecalculation ofthemonetary
compensatory amountsandtheagricultural conversion ratesforthepigmeatsectorin
SpainandItaly
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,marketdataandexpressedinthenationalcurrencyofa
MemberState;whereas,pursuanttoArticle6aofRegu­
lation(EEC)No1677/85andwithoutprejudiceto
Article7(2)ofCommission Regulation (EEC)No
3578/88of17November 1988layingdowndetailed
rulesfortheapplication ofthesystemfortheautomatic
dismantlement ofnegativemonetary compensatory
amounts('),aslastamendedbyRegulation (EEC)No
3137/91(10),thoseratesaretobetheagricultural
conversion ratesapplyingtopigmeat;whereas,pursuant
toArticle2(4)ofCouncilRegulation (EEC)No
1676/85("),aslastamendedbyRegulation (EEC)No
2205/90,thoseratesarealsotobeusedforthe
conversion ofcertainotheragricultural amounts;
whereastheratesinquestionshouldbefixedtomakeit
easiertousethem,HavingregardtoCouncilRegulation (EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture (*),aslastamendedbyRegu­
lation(EEC)No2205/90(2),andinparticular
Article9(2)thereof,
HASADOPTED THISREGULATION :Whereas themonetary compensatory amounts
introduced byRegulation (EEC)No1677/85werefixed
byCommission Regulation (EEC)No1641/91(*),as
lastamendedbyRegulation (EEC)No3652/92(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommission Regulation (EEC)No3153/85
of11November 1985layingdowndetailedrulesforthe
calculation ofmonetarycompensatory amounts('),as
lastamendedbyRegulation (EEC)No3672/89(4);Article1
Therepresentative marketratesreferredtoinArticle3a
ofRegulation (EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate ,to
adjustthemonetarycompensatory amounts,aresetout
intheAnnexhereto.
Article2
Theagricultural conversion ratesforthepigmeatsector
isfixed:
—inSpainatECU1=Ptas166,185,
—inItalyatECU1=Lit2040,84.Whereas,inaccordance withArticle3aofCommission
Regulation (EEC)No3152/85of11November 1985
layingdowndetailedrulesfortheapplication ofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversion ratestobeappliedforthe
purposesofthecommonagricultural policy(7),aslast
amendedbyRegulation (EEC)No3237/90("),the
ratesusedtofixor,whereappropriate ,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentative marketrates,aretobeusedfor
theconversion intoecusoftheamountsrelatingtoworld
Article3
ThisRegulation shallenterintoforceon21December
1992.OOJNoL164,24.6.1985,p.6.
OOJNoL201,31.7.1990,p.9.
C)OJNoL153,17.6.1991,p.1.
(4)Seepage1ofthisOfficialJournal .
C)OJNoL310,21.11.1985,p.4.
C)OJNoL358,8.12.1989,p.28.
OOJNoL310,21.11.1985,p.1.
(•)OJNoL310,9.11.1990,p.18.OOJNoL312,18.11.1988,p.16..
OOJNoL297,29.10.1991,p.17.
(")OJNoL164,24.6.1985,p.1.

NoL372/46 OfficialJournaloftheEuropeanCommunities 21.12.92
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,17December 1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission

21.12.92 OfficialJournaloftheEuropeanCommunities NoL372/47
ANNEX
Conversion ratesusedforthecalculationofmonetarycompensatory amountsandtobeappliedfor
certainamountsintheagricultural sector
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,34886 50,9602 55,2545 48,5563
Dkr 0,434392 9,42446 10,2186 8,97989
DM 0,113881 2,47073 2,67893 2,35418
FF 0,381943 8,28652 8,98480 7,89563
F1 0,128315 2,78388 3,01847 2,65256
£Irl 0,0425098 0,922282 — 0,878776
£ 0,0460920 — 1,08427 0,952828
Lit — 2169,57 2352,40 2067,23
Dr 14,9101 323,485 350,745 308,226
Esc 10,1354 219,896 238,426 209,523
Pta 8,08739 175,462 190,248 167,185