17.8.92 OfficialJournaloftheEuropeanCommunities NoL234/39
COMMISSION REGULATION (EEC)No2372/92
of13August1992
fixingtherepresentativemarketratestobeappliedforcertainamountsinthe,contextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture('),aslastamendedbyRegu­
lation(EEC)No2205/90(*),andinparticular
Articles9and6athereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1641/91(J),as
lastamendedbyRegulation(EEC)No2371/92(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),aslast
amendedbyRegulation(EEC)No3237/90('),the
ratesusedtofixor,whereappropriate,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentativemarketrates,aretobeusedfortheconversionintoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
MemberState;whereas,pursuanttoArticle6aofRegu­
lation(EEC)No1677/85andwithoutprejudiceto
Article7(2)ofCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts('),aslastamendedbyRegulation(EEC)No
3137/91(10),thoseratesaretobetheagricultural
conversionratesapplyingtopigmeat;whereas,pursuant
toArticle2(4)ofCouncilRegulation(EEC)No
1676/85("),aslastamendedbyRegulation(EEC)No
2205/90,thoseratesarealsotobeusedforthe
conversionofcertainotheragriculturalamounts;
whereastheratesinquestionshouldbefixedtomakeit
easiertousethem,
HASADOPTEDTHISREGULATION :
Article1
TherepresentativemarketratesreferredtoinArticle3a
ofRegulation(EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate,to
adjustthemonetarycompensatory amounts,aresetout
intheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon17August
1992.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13August1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
oOJNoL164,24.6.1985,p.6.
OOJNoL201,31.7.1990,p.9.
OOJNoL153,17.6.1991,p.1.
(4)Secpage1ofthisOfficialJournal.
0)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.
(,0)OJNoL297,29.10.1991,p.17.
(")OJNoL164,24.6.1985,p.1.

NoL234/40 OfficialJournaloftheEuropeanCommunities 17.8.92
ANNEX
Conversionratesusedforthecalculationofmonetarycompensatoryamountsandtobeappliedfor
certainamountsintheagriculturalsector
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs
Dkr
DM
FF
FI
£Irl
£
Lit
Dr
Esc
Pta2,75661
0,509801
0,133650
0,448246
0,150590
0,0498894
0,0468349
16,1971
11,2446
8,4474758,8580
10,8851
2,85364
9,57077
3,21533
1,06522
2135,16
345,834
240,090
180,36755,2545
10,2186
2,67893
8,98480
3,01847
0,938775
2004,44
324,661
225,391
169,32448,5563
8,97989
2,35418
7,89563
2,65256
0,878776
0,824973
1761,45
285,304
198,068
148,798