12.11.90 OfficialJournaloftheEuropeanCommunities NoL312/35
COMMISSION REGULATION (EEC)No3227/90
of8November1990
filingthemarketconversionratestobeappliedforcertainamountsinthecontextofthe
commonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation (EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture('),aslastamendedbyRegulation
(EEC)No2205/90(2),andinparticularArticle12
thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85arefixed
byCommissionRegulation(EEC)No1207/90(3),as
lastamendedbyRegulation(EEC)No3226/90(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(*),as
lastamendedbyRegulation(EEC)No3672/89(6);
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(7),aslastamendedbyRegulation(EEC)No2300/89(*),therates
usedtofixor,whereappropriate,adjustthemonetary
compensatory 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,
HASADOPTEDTHISREGULATION :
Article1
ThemarketconversionratesreferredtoinArticle3aof
Regulation(EEC)No3152/85,tobeappliedforcertain
amountsinthecontextofthecommonagricultural
policyandusedtofixor,whereappropriate,toadjust
themonetarycompensatoryamounts,shallbesetoutin
theAnnexhereto.
Article2
ThisRegulationshallenterintoforceon12November
1990.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,8November1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(»)OJNoL164,24.6.1985,p.6.
OOJNoL201,31.7.1990,p.9.
OOJNoL122,14.5.1990,p.1.
(4)Seepage1ofthisOfficialJournal.
OOJNoL310,2L11.1985,p.4.
C)OJNoL358,8.12.1989,p.28.
OOJNoL310,21.11.1985,p.1.OOJNoL220,29.7.1989,p.8.
(')OJNoL164,24.6.1985,p.1.

NoL312/36 OfficialJournaloftheEuropeanCommunities 12.11.90
ANNEX
Marketconversionratestobeappliedforcertainamountsinthecontextofthecommonagricultural
policyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
Lit100 £1 £Irl1 ECU1
Bfrs/Lfrs 2,75661 60,5895 55,2545 48,5563
Dkr 0,509801 11,2053 10,2186 8,97989
DM 0,133650 2,93759 2,67893 2,35418
FF 0,448246 9,85232 8,98480 7,89563
F1 0,150590 3,30992 3,01847 2,65256
£Irl 0,0498894 1,09655— 0,878776
£ 0,0454965— 0,911948 0,801398
Lit — 2197,97 2004,44 1761,45
Dr 13,5689 296,580 271,979 237,679
Esc 11,8123 259,631 236,770 208,068
Pta 8,40052 184,641 168,383 147,971