Exchange Rates
p. 78 · Read in the full issue
The following exchange quotations, gathered im Sydney, show the rates existing in Sydney on August 21: —
Fiji—Through Bank Of N.S.W.
And Bank Of New Zealand.
Australia on Fiji on basis of £lOO Fiji: Buying £AIII, selling £AII3/10/-.
Fiji-London on basis £lOO London: Buying. Selling.
Telegraphic transfer .. £lll 2 6 £ll3 0 0 On demand £llO 12 6 £lll 17 6
Western Samoa—Through
Bank Of N.Z.
Exchange, Australia on Western Samoa, basis £lOO Samoa —buying £AIOO, selling £AIOO/10/-.
Exchange, Samoa on London, basis £lOO in London: —
Direct Telegraphic Transfer.
Selling Rates
Quoted by
Bank Of New South Wales
in Australia
New Caledonia—Through
French Bank.
Drafts, Sydney-Noumea and Noumea-Sydney, are on the basis of current rate of exchange on Pans, less 1 per cent, either way. As quoted by the Comptoir National, in Sydney, and the Bank of Indo-Chine, Noumea: On August 21, when the Australian £ was nominally worth 58.75 francs, £lOO Australian would purchase a credit m Noumea of 5,875 francs.
New Guinea And Papua
Through Commonwealth
Bank.
From Australia, Pt. Moresby, £1 per cent., on Rabaul 10/- per cent.—other N. Guinea districts £1 per cent. . . „ From Rabaul on London, same as Australia on London: — Buying; T.T. £AI2S equals £stg. 100.
Selling: T.T. £AI2S/10/- equals £stg. 100.
Through Bank Of N.S.W.
Australia, on Papua, £l.per cent, premiumeact wav. equivalent to commission of £1 per cent., Australia, on Rabaul, 10/- per cent, premium.
Papua and New Guinea on London; Same as Australia on London, and vice versa.
Buying. Selling.
Telegraphic transfer .. .. £125 0 0 On demand £123 0 0 124 17 6 30 days 122 15 0 124 IS 0 60 days 122 10 0 124 12 6 90 days 122 5 0 124 10 0 120 days 122 0 0 124 7 i
Australia on Papeete Average for week ended 29/7/35 .. ..
Francs to £ Australian .. .. 58.77 Average for week ended S/8/35 .. . • Average for week ended 12/8/35 .. .. .. 58.64 Average for week ended 19/8/35 .. ..
Australia on Noumea Average for week ended 29/7/35 ..
Francs to £ Australian .. .. 58.63 Average for week ended 5/8/35 ..
Average for week ended 12/8/35 .. ..
Average for week ended 19/8/35 .. ..