25.11.91 OfficialJournaloftheEuropeanCommunities NoL323/41
COMMISSION REGULATION (EEC)No3390/91
of21November1991
fixingtherepresentativemarketratestobeappliedforcertainamountsinthecontextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(*),aslastamendedbyRegu­
lation(EEC)No2205/90(2),andinparticular
Article9thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1641/91(J),as
lastamendedbyRegulation(EEC)No3389/91(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(s),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
adjustthemonetarycompensatoryamounts,aresetout
intheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon25November
1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,21November1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
C)ojNoL164,24.6.1985,p.6.
OOJNoL201,31.7.1990,p.9.
(5)OJNoL153,17.6.1991,p.1.
(4)Seepage1ofthisOfficialJournal.
OOJNoL310,21.11.1985,p.4.
(*)OJNoL358,8.12.1989,p.28.
OOJNoL310,21.11.1985,p.1.
(•)OJNoL310,9.11.1990,p.18.OOJNoL312,18.11.1988,p.16.
HOJNoL297,29.10.1991,p.17.
(")OJNoL164,24.6.1985,p.1.

NoL323/42 OfficialJournaloftheEuropeanCommunities 25.11.91
ANNEX
Representativemarketratestobeappliedforcertainamountsinthecontextofthecommonagricul­
turalpolicyand,inparticular,torthecalculationofthemonetarycompensatoryamounts
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,75661 60,2533 55,2545 48,5563
Dkr 0,509801 11,1431 10,2186 8,97989
DM 0,133650 2,92129 2,67893 2,35418
FF 0,448246 9,79765 8,98480 7,89563
F1 0,150590 3,29155 3,01847 2,65256
£Irl 0,0498894 1,09047— 0,878776
£ 0,0457504— 0,917037 0,805870
Lit — 2185,77 2004,44 1761,45
Dr 15,0387 328,712 301,441 264,899
Esc 11,5610 252,698 231,734 203,642
Pta 8,37401 183,037 167,852 147,504