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grüner Kurs

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Terminological databases

EKI terminibaas Esterm

ID 708473 Last modified 08.03.2026
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Domain international economygeneral aspects of the subject fieldmoney & currency
green rate preferred
  • representative exchange rate, fixed for each Member State by the Council, which is used to convert the agricultural prices fixed each year by the Council into each national currency. It is called the green exchange rate because it only covers agricultural products.
  • taux de conversion ā utiliser pour exprimer en la monnaie d'un Etat membre des sommes exprimées en la monnaie d'un autre Etat membre ou en Euro et vice versa
green rate preferred
Usage examples
  • Discontinuing the agricultural conversion rates, which differ from official exchange rates so as to buffer the effects of currency fluctuations on the agricultural sector, and replacing them by the generalised use of the market conversion rate, i.e. the irrevocably fixed rate in the case of the participating Member States, will constitute a major simplification of the CAP. It will no longer be necessary to pass Community legislation setting green rates. In addition, the outgoing regulations allow a maximum deviation from the green rate of -2% for a devaluing currency and of +5% for a re-valuing one. This asymmetry of the neutral margin ("franchise") will disappear along with the green rate.
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grüner Kurs

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